Sylvester Paul F 4
4 · ADESA INC · Filed Jun 17, 2005
Insider Transaction Report
Form 4
ADESA INCKAR
Sylvester Paul F
Chief Information Officer
Transactions
- Award
Dividend Equivalent Rights
2005-06-15+33.19→ 102.344 total→ Common Stock, par value $.01 per share (33.19 underlying)
Holdings
- 1,016
Restricted Stock Units convertible to Common Stock
Exercise: $0.00→ Common Stock, par value $.01 per share (1,016 underlying) - 159,348
Option to Purchase Common Stock, par value $.01 per share
Exercise: $24.00Exp: 2010-06-16→ Common Stock, par value $.01 per share (159,348 underlying) - 2,239.55
Common Stock, par value $.01 per share
- 9,959
Restricted Stock Units convertible to Common Stock
Exercise: $0.00→ Common Stock, par value $.01 per share (9,959 underlying)
Footnotes (5)
- [F1]Restricted Stock Units vest on the third anniversary of the 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.