Home/Filings/4/0001395942-23-000086
4//SEC Filing

Anderson Scott A 4

Accession 0001395942-23-000086

CIK 0001395942other

Filed

Dec 11, 7:00 PM ET

Accepted

Dec 12, 4:10 PM ET

Size

24.7 KB

Accession

0001395942-23-000086

Insider Transaction Report

Form 4
Period: 2023-12-08
Anderson Scott A
Chief Accounting Officer
Transactions
  • Exercise/Conversion

    Common Stock

    2023-12-08+6226,645.126 total
  • Tax Payment

    Common Stock

    2023-12-08$14.34/sh62$88926,583.126 total
  • Tax Payment

    Common Stock

    2023-12-08$14.34/sh154$2,20826,583.126 total
  • Tax Payment

    Common Stock

    2023-12-08$14.34/sh14$20126,583.126 total
  • Exercise/Conversion

    Restricted Stock Units

    2023-12-081548,333 total
    Common Stock (154 underlying)
  • Exercise/Conversion

    Common Stock

    2023-12-08+5826,641.126 total
  • Exercise/Conversion

    Restricted Stock Units

    2023-12-08141,816 total
    Common Stock (14 underlying)
  • Exercise/Conversion

    Common Stock

    2023-12-08+1426,597.126 total
  • Exercise/Conversion

    Restricted Stock Units

    2023-12-08624,041 total
    Common Stock (62 underlying)
  • Exercise/Conversion

    Common Stock

    2023-12-08+15426,737.126 total
  • Exercise/Conversion

    Restricted Stock Units

    2023-12-08586,609 total
    Common Stock (58 underlying)
  • Tax Payment

    Common Stock

    2023-12-08$14.34/sh58$83226,583.126 total
Footnotes (8)
  • [F1]Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis.
  • [F2]Includes shares acquired pursuant to the Company's Employee Stock Purchase Plan.
  • [F3]Shares withheld to satisfy FICA taxes due in the year the reporting person reaches retirement eligibility.
  • [F4]Shares withheld to satisfy FICA taxes due in the year the reporting person reaches retirement eligibility. Each remaining restricted stock unit is convertible into a share of common stock on a 1-for-1 basis.
  • [F5]These restricted stock units remain subject to a time-vesting requirement and are scheduled to vest and settle in common stock as follows: 2,016 of these restricted stock units vest on February 28, 2024 and the remaining 2,025 of these restricted stock units vest on February 28, 2025, assuming continued employment through the applicable vesting date.
  • [F6]These restricted stock units remain subject to a time-vesting requirement and are scheduled to vest and settle in common stock as follows: 3,275 restricted stock units vest on May 9, 2024 and the remaining 3,334 of these restricted stock units vest on May 9, 2025, assuming continued employment through the applicable vesting date.
  • [F7]These restricted stock units remain subject to a time-vesting requirement and are scheduled to vest and settle in common stock as follows: 2,745 of these restricted stock units vest on February 24, 2024, 2,759 of these restricted stock units vest on February 24, 2025 and the remaining 2,829 of these restricted stock units vest on February 24, 2026, assuming continued employment through the applicable vesting date.
  • [F8]These restricted stock units remain subject to a time-vesting requirement and are scheduled to vest and settle in common stock on March 4, 2024, assuming continued employment through the applicable vesting date.

Issuer

OPENLANE, Inc.

CIK 0001395942

Entity typeother

Related Parties

1
  • filerCIK 0001293470

Filing Metadata

Form type
4
Filed
Dec 11, 7:00 PM ET
Accepted
Dec 12, 4:10 PM ET
Size
24.7 KB