4//SEC Filing
ADESA INC 4
Accession 0001179110-07-008336
CIK 0001281949operating
Filed
Apr 23, 8:00 PM ET
Accepted
Apr 24, 5:29 PM ET
Size
20.6 KB
Accession
0001179110-07-008336
Insider Transaction Report
Form 4
ADESA INCKAR
FLAYTON BRENDA J
EVP & Chief Administrative Off
Transactions
- Disposition to Issuer
Common Stock
2007-04-20−12,309.01→ 0 total - Disposition to Issuer
Common Stock
2007-04-20−190→ 0 total(indirect: By Spouse) - Disposition to Issuer
Restricted Stock Units
2007-04-20−13,615.52→ 0 totalExercise: $0.00→ Common Stock (13,615.52 underlying) - Disposition to Issuer
Options to Purchase Common Stock (right to buy)
2007-04-20−7,238→ 0 totalExercise: $14.49Exp: 2011-01-02→ Common Stock (7,238 underlying) - Disposition to Issuer
Options to Purchase Common Stock (right to buy)
2007-04-20−159,348→ 0 totalExercise: $24.00Exp: 2010-06-16→ Common Stock (159,348 underlying) - Disposition to Issuer
Options to Purchase Common Stock (right to buy)
2007-04-20−8,492→ 0 totalExercise: $12.58Exp: 2013-02-03→ Common Stock (8,492 underlying) - Disposition to Issuer
Options to Purchase Common Stock (right to buy)
2007-04-20−816→ 0 totalExercise: $15.75Exp: 2012-01-02→ Common Stock (816 underlying)
Footnotes (8)
- [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 $379,192, 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: 10,255.229 with a vesting date of 6/16/07; 1,186.000 with a vesting date of 2/15/08; 880.000 with a vesting date of 2/16/09; and 1,294.291 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 $129,674, 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 $96,696, 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 $9,873, 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 $102,745, 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 $613,490, equal to the merger consideration of $27.85 less the exercise price per share of common stock underlying the option.
Documents
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
- 20.6 KB