Munce Cheryl A 4
4 · ADESA INC · Filed Jun 17, 2005
Insider Transaction Report
Form 4
ADESA INCKAR
Transactions
- Award
Dividend Equivalent Rights
2005-06-15+38.72→ 119.401 total→ Common Stock, par value $.01 per share (38.72 underlying)
Holdings
- 185,906
Option to Purchase Common Stock, par value $.01 per share
Exercise: $24.00Exp: 2010-06-16→ Common Stock, par value $.01 per share (185,906 underlying) - 11,619
Restricted Stock Units convertible to Common Stock
Exercise: $0.00→ Common Stock, par value $.01 per share (11,619 underlying) - 634
Restricted Stock Units convertible to Common Stock
Exercise: $0.00→ Common Stock, par value $.01 per share (634 underlying) - 1,036.464
Common Stock, par value $.01 per share
Footnotes (5)
- [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 three anniversaries of the date of grant, provided that the executive is employed by ADESA, Inc. on such date.
- [F4]1-for-1
- [F5]The dividend equivalent rights accrued on Restricted Stock Units granted on 6/16/04 and vest with those Restricted Stock Units.