ADESA INC 4
4 · ADESA INC · Filed Apr 24, 2007
Insider Transaction Report
Form 4
ADESA INCKAR
Transactions
- Disposition to Issuer
Restricted Stock Units
2007-04-20−21,870.462→ 0 totalExercise: $0.00→ Common Stock (21,870.462 underlying) - Disposition to Issuer
Options to Purchase Common Stock
2007-04-20−9,075→ 0 totalExercise: $14.49Exp: 2011-01-02→ Common Stock (9,075 underlying) - Disposition to Issuer
Options to Purchase Common Stock (right to buy)
2007-04-20−265,580→ 0 totalExercise: $24.00Exp: 2010-06-16→ Common Stock (265,580 underlying) - Disposition to Issuer
Options to Purchase Common Stock (right to buy)
2007-04-20−14,255→ 0 totalExercise: $15.75Exp: 2012-01-02→ Common Stock (14,255 underlying) - Disposition to Issuer
Common Stock
2007-04-20−10,331.691→ 0 total
Footnotes (6)
- [F1]These shares were converted in the merger into the right to receive cash consideration of $27.85 per share, without interest.
- [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 $609,092, equal to the merger consideration of $27.85 for each restricted stock unit. Prior to the acceleration, the restricted stock units had vesting schedules as follows: 17,092.735 with a vesting date of 6/16/07; 1,656.000 with a vesting date of 2/15/08; 1,283.000 with a vesting date of 2/16/09; and 1,838.727 with a vesting date of 2/12/10.
- [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 $121,237, 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 $172,471, 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 $1,022,483, equal to the merger consideration of $27.85 less the exercise price per share of common stock underlying the option.