ADESA INC 4
4 · ADESA INC · Filed Mar 17, 2006
Insider Transaction Report
Form 4
ADESA INCKAR
Warner Brian J
Vice President
Transactions
- Award
Dividend Equivalent Rights
2006-03-15+19.783→ 130.971 total→ Common Stock, par value $.01 per share (19.783 underlying)
Holdings
- 2,611
Common Stock, par value $.01 per share
- 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) - 419
Restricted Stock Units convertible to Common Stock
Exercise: $0.00→ Common Stock, par value $.01 per share (419 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) - 2,435
Restricted Stock Units convertible to Common Stock
Exercise: $0.00→ Common Stock, par value $.01 per share (2,435 underlying)
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.