Form 4 for OPLN OPENLANE, Inc.
Accepted 2024-03-06 00:00:00 ET · period of report 2024-03-04 · accession 0001395942-24-000017 · 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 | 2024-03-06 | 2024-03-04 | OPLN | Anderson Scott A | CAO | M - OptEx | $0.00 | +1,816 | 32.3K | +6% | $0 |
| D | 2024-03-06 | 2024-03-04 | OPLN | Anderson Scott A | CAO | F - Tax | $16.02 | -474 | 31.9K | -1% | -$7,593 |
| D | 2024-03-06 | 2024-03-04 | OPLN | Anderson Scott A | CAO | M - OptEx | $0.00 | -1,816 | 0 | -100% | $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 | 2024-03-04 | M | A | 1,816 | $0.00 | 32,346.83 | 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 March 4, 2024. (F2) Includes shares acquired pursuant to the Company's Employee Stock Purchase Plan. |
| 2 | Common | Common Stock | 2024-03-04 | F | D | 474 | $16.02 | 31,872.83 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2024-03-04 | M | D | 1,816 | $0.00 | 0 | D | — · — to — | 1,816 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 were subject to a time-vesting requirement and were scheduled to vest and settle in common stock as follows: one-third of these restricted stock units vested on March 4, 2022, one-third of these restricted stock units vested on March 4, 2023 and the remaining one-third of these restricted stock units vested on March 4, 2024, assuming continued employment through the applicable vesting date. |