Form 4 for OPLN OPENLANE, Inc.
Accepted 2023-12-12 00:00:00 ET · period of report 2023-12-08 · accession 0001395942-23-000087 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-12-12 | 2023-12-08 | OPLN | Kelly Peter J | CEO, Dir | F - Tax | $14.34 | -975 | 313.4K | -0.3% | -$14.0K |
| D | 2023-12-12 | 2023-12-08 | OPLN | Kelly Peter J | CEO, Dir | M - OptEx | $0.00 | +975 | 314.3K | +0.3% | $0 |
| D | 2023-12-12 | 2023-12-08 | OPLN | Kelly Peter J | CEO, Dir | M - OptEx | $0.00 | -975 | 99.0K | -1.0% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-12-08 | F | D | 975 | $14.34 | 313,355.26 | D | — | — | |
| 2 | Common | Common Stock | 2023-12-08 | M | A | 975 | $0.00 | 314,330.26 | D | — | — | (F1) Shares withheld to satisfy FICA taxes due in the year the reporting person reaches retirement eligibility. Each remaining restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. (F2) Includes shares acquired pursuant to the Company's Employee Stock Purchase Plan. |
| 3 | Derivative | Restricted Stock Units | 2023-12-08 | M | D | 975 | $0.00 | 99,025 | D | — · — to — | 975 Common Stock | (F4) Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. (F5) These restricted stock units remain subject to a time-vesting requirement and are scheduled to vest and settle in common stock as follows: 49,025 of these restricted stock units vest on May 9, 2024 and the remaining 50,000 of these restricted stock units vest on May 9, 2025, assuming continued employment through the applicable vesting date. |