Lips Paul J 4
4 · ADESA INC · Filed Jun 17, 2005
Insider Transaction Report
Form 4
ADESA INCKAR
Lips Paul J
VP Investor Relations
Transactions
- Award
Dividend Equivalent Rights
2005-06-15+16.6→ 51.181 total→ Common Stock, par value $.01 per share (16.6 underlying)
Holdings
- 2,609
Option to Purchase Common Stock, par value $.01 per share
Exercise: $14.49Exp: 2011-01-02→ Common Stock, par value $.01 per share (2,609 underlying) - 5,092.224
Common Stock, par value $.01 per share
- 5,278
Option to Purchase Common Stock, par value $.01 per share
Exercise: $15.75Exp: 2012-01-02→ Common Stock, par value $.01 per share (5,278 underlying) - 4,980
Restricted Stock Units convertible to Common Stock
Exercise: $0.00→ Common stock, par value $.01 per share (4,980 underlying) - 3,496
Option to Purchase Common Stock, par value $.01 per share
Exercise: $12.58Exp: 2013-02-03→ Common Stock, par value $.01 per share (3,496 underlying) - 79,674
Option to Purchase Common Stock, par value $.01 per share
Exercise: $24.00Exp: 2010-06-16→ Common Stock, par value $.01 per share (79,674 underlying)
Footnotes (8)
- [F1]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.
- [F2]N/A
- [F3]Options vest and become exercisable with respect to one-third (1/3) of the total grant on each of the first anniversaries of the date of grant, provided that the executive is employed by ADESA, Inc. on such date.
- [F4]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 vested and became exercisable on February 3, 2005.
- [F5]One-half (1/2) of the total grant vested and became exercisable on January 2, 2002 and the remaining one-half (1/2) of the grant vested and became exercisable on January 2, 2003.
- [F6]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.
- [F7]1-for-1
- [F8]The dividend equivalent rights accrued on Restricted Stock Units granted on 6/16/04 and vest with those Restricted Stock Units.