Home/Filings/4/0001179110-07-008327
4//SEC Filing

ADESA INC 4

Accession 0001179110-07-008327

CIK 0001281949operating

Filed

Apr 23, 8:00 PM ET

Accepted

Apr 24, 5:26 PM ET

Size

27.6 KB

Accession

0001179110-07-008327

Insider Transaction Report

Form 4
Period: 2007-04-20
GARTZKE DAVID G
DirectorChairman, President & CEO
Transactions
  • Disposition to Issuer

    Restricted Stock Units

    2007-04-2058,692.5690 total
    Exercise: $0.00Common Stock (58,692.569 underlying)
  • Disposition to Issuer

    Options to Purchase Common Stock (right to buy)

    2007-04-205,5050 total
    Exercise: $15.75Exp: 2012-01-02Common Stock (5,505 underlying)
  • Disposition to Issuer

    Options to Purchase Common Stock (right to buy)

    2007-04-20121,0060 total
    Exercise: $12.58Exp: 2013-02-03Common Stock (121,006 underlying)
  • Disposition to Issuer

    Options to Purchase Common Stock (right to buy)

    2007-04-2033,4430 total
    Exercise: $13.46Exp: 2009-01-04Common Stock (33,443 underlying)
  • Disposition to Issuer

    Options to Purchase Common Stock (right to buy)

    2007-04-2015,7420 total
    Exercise: $17.14Exp: 2010-01-03Common Stock (15,742 underlying)
  • Disposition to Issuer

    Common Stock

    2007-04-2046,323.5730 total
  • Disposition to Issuer

    Common Stock

    2007-04-2021,1070 total(indirect: By Spouse)
  • Disposition to Issuer

    Options to Purchase Common Stock (right to buy)

    2007-04-2027,5260 total
    Exercise: $14.49Exp: 2011-01-02Common Stock (27,526 underlying)
  • Disposition to Issuer

    Options to Purchase Common Stock (right to buy)

    2007-04-2010,1280 total
    Exercise: $13.26Exp: 2008-01-02Common Stock (10,128 underlying)
  • Disposition to Issuer

    Options to Purchase Common Stock (right to buy)

    2007-04-20663,9500 total
    Exercise: $24.00Exp: 2010-06-16Common Stock (663,950 underlying)
Footnotes (11)
  • [F1]These shares were converted in the merger into the right to receive cash consideration of $27.85 per share, without interest.
  • [F10]These options were cancelled in the merger in exchange for the right to receive an aggregate amount in cash, without interest, of $168,545, equal to the merger consideration of $27.85 less the exercise price per share of common stock underlying the option.
  • [F11]These options were cancelled in the merger in exchange for the right to receive an aggregate amount in cash, without interest, of $2,556,208, equal to the merger consideration of $27.85 less the exercise price per share of common stock underlying the option.
  • [F2]These restricted stock units were accelerated and cancelled in the merger in exchange for the right to receive an aggregate amount in cash, without interest, of $1,634,588, equal to the merger consideration of $27.85 for each restricted stock unit. Prior to acceleration, the restricted stock units had vesting schedules as follows: 42,731.422 with a vesting date of 6/16/07; 5,968.000 with a vesting date of 2/15/08; 3,888.000 with a vesting date of 2/16/09; and 6,105.000 with a vesting date of 2/17/10.
  • [F3]N/A
  • [F4]These options were cancelled in the merger in exchange for the right to receive an aggregate amount in cash, without interest, of $1,847,774, equal to the merger consideration of $27.85 less the exercise price per share of common stock underlying the option.
  • [F5]These options were cancelled in the merger in exchange for the right to receive an aggregate amount in cash, without interest, of $147,729, equal to the merger consideration of $27.85 less the exercise price per share of common stock underlying the option.
  • [F6]These options were cancelled in the merger in exchange for the right to receive an aggregate amount in cash, without interest, of $481,395, equal to the merger consideration of $27.85 less the exercise price per share of common stock underlying the option.
  • [F7]These options were cancelled in the merger in exchange for the right to receive an aggregate amount in cash, without interest, of $367,734, equal to the merger consideration of $27.85 less the exercise price per share of common stock underlying the option.
  • [F8]These options were cancelled in the merger in exchange for the right to receive an aggregate amount in cash, without interest, of $66,605, equal to the merger consideration of $27.85 less the exercise price per share of common stock underlying the option.
  • [F9]These options were cancelled in the merger in exchange for the right to receive an aggregate amount in cash, without interest, of $1,464,052, equal to the merger consideration of $27.85 less the exercise price per share of common stock underlying the option.

Issuer

ADESA INC

CIK 0001281949

Entity typeoperating

Related Parties

1
  • filerCIK 0001281949

Filing Metadata

Form type
4
Filed
Apr 23, 8:00 PM ET
Accepted
Apr 24, 5:26 PM ET
Size
27.6 KB