Form 4 for OPLN OPENLANE, Inc.
Accepted 2024-05-13 00:00:00 ET · period of report 2024-05-09 · accession 0001395942-24-000033 · 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 | 2024-05-13 | 2024-05-09 | OPLN | Coleman Charles S. | EVP, CLO, Sec | M - OptEx | $0.00 | +15.0K | 42.6K | +54% | $0 |
| D | 2024-05-13 | 2024-05-09 | OPLN | Coleman Charles S. | EVP, CLO, Sec | F - Tax | $17.71 | -4,276 | 38.3K | -10% | -$75.7K |
| D | 2024-05-13 | 2024-05-09 | OPLN | Coleman Charles S. | EVP, CLO, Sec | M - OptEx | $0.00 | -15.0K | 15.0K | -50% | $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 | 2024-05-09 | M | A | 15,000 | $0.00 | 42,578.48 | 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 May 9, 2024. |
| 2 | Common | Common Stock | 2024-05-09 | F | D | 4,276 | $17.71 | 38,302.48 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2024-05-09 | M | D | 15,000 | $0.00 | 15,000 | D | — · — to — | 15,000 Common Stock | (F3) Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. (F4) 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 vested on May 9, 2023, one-third of these restricted stock units vested on May 9, 2024 and the remaining one-third of these restricted stock units vest on May 9, 2025, assuming continued employment through the applicable vesting date. |