Warner Brian J 4
4 · ADESA INC · Filed Jun 17, 2005
Insider Transaction Report
Form 4
ADESA INCKAR
Warner Brian J
Vice President
Transactions
- Award
Dividend Equivalent Rights
2005-06-15+22.13→ 68.237 total→ Common Stock, par value $.01 per share (22.13 underlying)
Holdings
- 2,611
Common Stock, par value $.01 per share
- 2,435
Restricted Stock Units convertible to Common Stock
Exercise: $0.00→ Common Stock, par value $.01 per share (2,435 underlying) - 6,640
Restricted Stock Units convertible to Common Stock
Exercise: $0.00From: 2007-06-15→ Common Stock, par value $.01 per share (6,640 underlying) - 106,232
Option to Purchase Common Stock, par value $.01 per share
Exercise: $24.00Exp: 2010-06-15→ Common Stock, par value $.01 per share (106,232 underlying)
Footnotes (5)
- [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 (6/15/04), 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 (2/15/05), provided that the executive is employed by ADESA, Inc. on such date at which time they will be converted to shares of ADESA, Inc. common stock or cash, at the election of ADESA, Inc.
- [F3]N/A
- [F4]1 for 1
- [F5]The dividend equivalent rights accrued on Restricted Stock Units granted on 6/15/04 and vest with those Restricted Stock Units.