Sylvester Paul F 4
4 · ADESA INC · Filed Sep 22, 2004
Insider Transaction Report
Form 4
ADESA INCKAR
Sylvester Paul F
Chief Information Officer
Transactions
- Other
Common Stock, par value $.01 per share
2004-09-20+1,664→ 1,664 total - Conversion
Common Stock, par value $.01 per share
2004-09-20+817.405→ 2,481.405 total - Conversion
Option to Purchase Common Stock, par value $.01 per share
2004-09-20+2,790→ 4,302 totalExercise: $15.75Exp: 2012-01-02→ Common Stock, par value $.01 per share (2,790 underlying) - Conversion
Options to Purchase Common Stock, par value $.01 per share
2004-09-20+1,512→ 1,512 totalExercise: $14.49Exp: 2011-01-02→ Common Stock, par value $.01 per share (1,512 underlying)
Footnotes (6)
- [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]The grant vested and became exercisable on January 2, 2003.
- [F5]One-half (1/2) of the total grant vested and became exercisable on January 2, 2003 and the remaining one-half (1/2) of the grant vested and became exercisable on January 2, 2004.
- [F6]One-half (1/2) of the total grant vested and became exercisable on February 3, 2004 and the remaining one-half (1/2) of the grant shall vest and become exercisable on February 3, 2005.