Form 4 for OPLN OPENLANE, Inc.

Accepted 2024-05-13 00:00:00 ET · period of report 2024-05-09 · accession 0001395942-24-000035 · 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	Richer Tobin P	EVP Marketing, Comms	M - OptEx	$0.00	+6,667	17.2K	+63%	$0
D	2024-05-13	2024-05-09	OPLN	Richer Tobin P	EVP Marketing, Comms	F - Tax	$17.71	-1,962	15.3K	-11%	-$34.7K
D	2024-05-13	2024-05-09	OPLN	Richer Tobin P	EVP Marketing, Comms	M - OptEx	$0.00	-6,667	6,667	-50%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2024-05-09	M	A	6,667	$0.00	17,235	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	1,962	$17.71	15,273	D	—	—
3	Derivative	Restricted Stock Units	2024-05-09	M	D	6,667	$0.00	6,667	D	— · — to —	6,667 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.