CUNNINGHAM THOMAS L 4
4 · ADESA INC · Filed Sep 22, 2004
Insider Transaction Report
Form 4
ADESA INCKAR
CUNNINGHAM THOMAS L
Director
Transactions
- Other
Common Stock, par value $.01 per share
2004-09-20+1,901→ 3,880 total - Conversion
Common Stock, par value $.01 per share
2004-09-20+170.807→ 4,050.807 total - Conversion
Option to Purchase Common Stock, par value $.01 per share
2004-09-20+2,446→ 2,446 totalExercise: $14.27Exp: 2013-05-21→ Common Stock, par value $.01 per share (2,446 underlying)
Footnotes (4)
- [F1]ADESA, Inc. ("ADESA") shares of Common Stock were acquired in an exempt transaction under Rule 16a-9(a) in connection with the spin-off of ADESA from ALLETE, Inc. ("ALLETE") on September 20, 2004.
- [F2]ADESA grants converted from ALLETE grants in connection with the spin-off of ADESA from ALLETE on September 20, 2004. These grants shall vest and become exercisable on February 15, 2005.
- [F3]ADESA stock options converted from ALLETE stock options in connection with the spin-off of ADESA from ALLETE on September 20, 2004.
- [F4]One-half (1/2) of the total grant vested and became exercisable on January 2, 2004 and the remaining one-half (1/2) of the grant shall vest and become exercisable on January 2, 2005.