Home/Filings/4/0001179110-07-008335
4//SEC Filing

ADESA INC 4

Accession 0001179110-07-008335

CIK 0001281949operating

Filed

Apr 23, 8:00 PM ET

Accepted

Apr 24, 5:29 PM ET

Size

14.5 KB

Accession

0001179110-07-008335

Insider Transaction Report

Form 4
Period: 2007-04-20
Transactions
  • Disposition to Issuer

    Restricted Stock Units

    2007-04-2021,870.4620 total
    Exercise: $0.00Common Stock (21,870.462 underlying)
  • Disposition to Issuer

    Options to Purchase Common Stock

    2007-04-209,0750 total
    Exercise: $14.49Exp: 2011-01-02Common Stock (9,075 underlying)
  • Disposition to Issuer

    Options to Purchase Common Stock (right to buy)

    2007-04-20265,5800 total
    Exercise: $24.00Exp: 2010-06-16Common Stock (265,580 underlying)
  • Disposition to Issuer

    Options to Purchase Common Stock (right to buy)

    2007-04-2014,2550 total
    Exercise: $15.75Exp: 2012-01-02Common Stock (14,255 underlying)
  • Disposition to Issuer

    Common Stock

    2007-04-2010,331.6910 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.

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, 5:29 PM ET
Size
14.5 KB