4//SEC Filing
Lips Paul J 4
Accession 0001179110-04-013097
CIK 0001281949other
Filed
Jun 16, 8:00 PM ET
Accepted
Jun 17, 4:53 PM ET
Size
8.1 KB
Accession
0001179110-04-013097
Insider Transaction Report
Form 4
ADESA INCKAR
Lips Paul J
VP Investor Relations
Transactions
- Award
Restricted Stock Units convertible to Common Stock
2004-06-16+4,980→ 4,980 totalExercise: $0.00→ Common Stock, par value $.01 per share (4,980 underlying) - Award
Option to purchase Common Stock, par value $.01 per share
2004-06-16+79,674→ 79,674 totalExercise: $24.00Exp: 2010-06-16→ Common Stock, par value $.01 per share (79,674 underlying)
Footnotes (3)
- [F1]Options vest and become exercisable with respect to one-third (1/3) of the total grant on each of the first three anniversaries of the date of grant, provided that the executive is employed by ADESA, Inc. on such date.
- [F2]Restricted Stock Units vest on the third anniversary of the date of grant, provided that the executive is employed by ADESA, Inc. on such date at which time they will be converted into shares of ADESA, Inc. common stock or cash, at the election of ADESA, Inc.
- [F3]N/A
Documents
Issuer
ADESA INC
CIK 0001281949
Entity typeother
Related Parties
1- filerCIK 0001293121
Filing Metadata
- Form type
- 4
- Filed
- Jun 16, 8:00 PM ET
- Accepted
- Jun 17, 4:53 PM ET
- Size
- 8.1 KB