ADESA INC 4
4 · ADESA INC · Filed Jan 3, 2007
Insider Transaction Report
Form 4
ADESA INCKAR
HITCHCOCK CAMERON
EVP & Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock, par value $.01 per share
2006-12-29$24.00/sh+50,000$1,200,000→ 57,630.381 total - Sale
Common Stock, par value $.01 per share
2006-12-29$27.75/sh−50,000$1,387,520→ 7,630.381 total - Exercise/Conversion
Option to Purchase Common Stock, par value $.01 per share
2006-12-29$24.00/sh−50,000$1,200,000→ 215,580 totalExercise: $24.00Exp: 2010-06-16→ Common Stock, par value $.01 per share (265,580 underlying)
Holdings
- 16,599
Restricted Stock Units convertible to Common Stock
Exercise: $0.00→ Common Stock, par value $.01 per share (16,599 underlying) - 1,535
Restricted Stock Units convertible to Common Stock
Exercise: $0.00→ Common Stock, par value $.01 per share (1,535 underlying) - 444.228
Dividend Equivalent Rights
→ Common Stock, par value $.01 per share (444.228 underlying) - 2,356
Restricted Stock Units convertible to Common Stock
Exercise: $0.00→ Common Stock, par value $.01 per share (2,356 underlying)
Footnotes (5)
- [F1]Restricted Stock Units vest on the third anniverary 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 are fully vested and immediately exercisable.
- [F4]1-for-1
- [F5]The dividend equivalent rights accrued on Restricted Stock Units granted on 6/16/04 vest with those Restricted Stock Units.