4//SEC Filing
Kelly Peter J 4
Accession 0001395942-23-000087
CIK 0001395942other
Filed
Dec 11, 7:00 PM ET
Accepted
Dec 12, 6:29 PM ET
Size
9.3 KB
Accession
0001395942-23-000087
Insider Transaction Report
Form 4
Peter Kelly
Pres. & CEO, OPENLANE
Transactions
- Tax Payment
Common Stock
2023-12-08$14.34/sh−975$13,982→ 313,355.263 total - Exercise/Conversion
Common Stock
2023-12-08+975→ 314,330.263 total - Exercise/Conversion
Restricted Stock Units
2023-12-08−975→ 99,025 total→ Common Stock (975 underlying)
Footnotes (5)
- [F1]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.
- [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]Each 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: 49,025 of these restricted stock units vest on May 9, 2024 and the remaining 50,000 of these restricted stock units vest on May 9, 2025, assuming continued employment through the applicable vesting date.
Documents
Issuer
OPENLANE, Inc.
CIK 0001395942
Entity typeother
Related Parties
1- filerCIK 0001532010
Filing Metadata
- Form type
- 4
- Filed
- Dec 11, 7:00 PM ET
- Accepted
- Dec 12, 6:29 PM ET
- Size
- 9.3 KB