ADESA INC 4

4 · ADESA INC · Filed Mar 17, 2006

Form 4

Period: 2006-03-15

Vice President

Transactions

Award
Dividend Equivalent Rights
[F4][F5][F3]
2006-03-15+19.783→ 130.971 total
→ Common Stock, par value $.01 per share (19.783 underlying)

Holdings

Common Stock, par value $.01 per share
2,611
Option to Purchase Common Stock, par value $.01 per share
[F1]
Exercise: $24.00Exp: 2010-06-15→ Common Stock, par value $.01 per share (106,232 underlying)
106,232
Restricted Stock Units convertible to Common Stock
[F3]
Exercise: $0.00From: 2007-06-15→ Common Stock, par value $.01 per share (6,640 underlying)
6,640
Restricted Stock Units convertible to Common Stock
[F2][F3]
Exercise: $0.00→ Common Stock, par value $.01 per share (2,435 underlying)
2,435
Restricted Stock Units convertible to Common Stock
[F6][F3]
Exercise: $0.00→ Common Stock, par value $.01 per share (419 underlying)
419

Footnotes (6)

[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 6/16/04 and vest with those Restricted Stock Units.
[F6]Restricted Stock Units vest on the third anniversary date 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.

Signature

Rebecca C. Polak for Brian J. Warner|2006-03-17

Documents

1 file