Form 4 for OPLN OPENLANE, Inc.
Accepted 2024-02-26 00:00:00 ET · period of report 2024-02-22 · accession 0001395942-24-000013 · 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 | 2024-02-26 | 2024-02-24 | OPLN | Anderson Scott A | CAO | M - OptEx | $0.00 | +2,745 | 29.5K | +10% | $0 |
| D | 2024-02-26 | 2024-02-24 | OPLN | Anderson Scott A | CAO | F - Tax | $15.06 | -716 | 28.8K | -2% | -$10.8K |
| D | 2024-02-26 | 2024-02-24 | OPLN | Anderson Scott A | CAO | M - OptEx | $0.00 | -2,745 | 5,588 | -33% | $0 |
| D | 2024-02-26 | 2024-02-22 | OPLN | Anderson Scott A | CAO | A - Grant | $0.00 | +8,186 | 8,186 | New | $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 | 2024-02-24 | M | A | 2,745 | $0.00 | 29,489.30 | D | — | — | (F1) Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. The restricted stock units vested in common stock on February 24, 2024. (F2) Includes shares acquired pursuant to the Company's Employee Stock Purchase Plan. |
| 2 | Common | Common Stock | 2024-02-24 | F | D | 716 | $15.06 | 28,773.30 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2024-02-24 | M | D | 2,745 | $0.00 | 5,588 | D | — · — to — | 2,745 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: 2,745 of these restricted stock units vested on February 24, 2024, 2,759 of these restricted stock units vest on February 24, 2025 and the remaining 2,829 of these restricted stock units vest on February 24, 2026, assuming continued employment through the applicable vesting date. |
| 4 | Derivative | Restricted Stock Units | 2024-02-22 | A | A | 8,186 | $0.00 | 8,186 | D | — · — to — | 8,186 Common Stock | (F4) Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. (F6) These restricted stock units remain subject to a time-vesting requirement and are scheduled to vest and settle in common stock as follows: one-third of these restricted stock units vest on February 22, 2025, one-third of these restricted stock units vest on February 22, 2026 and the remaining one-third of these restricted stock units vest on February 22, 2027, assuming continued employment through the applicable vesting date. |