Form 4 for OPLN OPENLANE, Inc.
Accepted 2024-05-13 00:00:00 ET · period of report 2024-05-09 · accession 0001395942-24-000039 · 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 | Mitchell William Clyde | Pres of AFC | M - OptEx | $0.00 | +1,000 | 9,323 | +12% | $0 |
| D | 2024-05-13 | 2024-05-09 | OPLN | Mitchell William Clyde | Pres of AFC | F - Tax | $17.71 | -286 | 9,037 | -3% | -$5,065 |
| D | 2024-05-13 | 2024-05-09 | OPLN | Mitchell William Clyde | Pres of AFC | M - OptEx | $0.00 | -1,000 | 1,000 | -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 | 1,000 | $0.00 | 9,323.38 | 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. (F2) Includes shares acquired pursuant to the Company's Employee Stock Purchase Plan. |
| 2 | Common | Common Stock | 2024-05-09 | F | D | 286 | $17.71 | 9,037.38 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2024-05-09 | M | D | 1,000 | $0.00 | 1,000 | D | — · — to — | 1,000 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: 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. |