ADESA INC 4
4 · ADESA INC · Filed Mar 17, 2006
Insider Transaction Report
Form 4
ADESA INCKAR
Transactions
- Award
Dividend Equivalent Rights
2006-03-15+49.454→ 327.406 total→ Common Stock, par value $.01 per share (49.454 underlying)
Holdings
- 10,331.691
Common Stock, par value $.01 per share
- 265,580
Option to Purchase Common Stock, par value $.01 per share
Exercise: $24.00Exp: 2010-06-16→ Common Stock, par value $.01 per share (265,580 underlying) - 1,283
Restricted Stock Units convertible to Common Stock
Exercise: $0.00→ Common Stock, par value $.01 per share (1,283 underlying) - 14,255
Option to Purchase Common Stock, par value $.01 per share
Exercise: $15.75Exp: 2012-01-02→ Common Stock, par value $.01 per share (14,255 underlying) - 9,075
Option to Purchase Common Stock, par value $.01 per share
Exercise: $14.49Exp: 2011-01-02→ Common Stock, par value $.01 per share (9,075 underlying) - 1,656
Restricted Stock Units convertible to Common Stock
Exercise: $0.00→ Common Stock, par value $.01 per share (1,656 underlying) - 16,599
Restricted Stock Units convertible to Common Stock
Exercise: $0.00→ Common Stock, par value $.01 per share (16,599 underlying)
Footnotes (7)
- [F1]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.
- [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]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.
- [F5]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.
- [F6]1-for-1
- [F7]The dividend equivalent rights accrued on Restricted Stock Units granted on 6/16/04 and vest with those Restricted Stock Units.