Money James E. II 4
4 · OPENLANE, Inc. · Filed Dec 12, 2023
Insider Transaction Report
Form 4
Money James E. II
AFC President
Transactions
- Tax Payment
Common Stock
2023-12-08$14.34/sh−346$4,962→ 44,604.389 total - Exercise/Conversion
Common Stock
2023-12-08+346→ 44,950.389 total - Exercise/Conversion
Restricted Stock Units
2023-12-08−346→ 39,654 total→ Common Stock (346 underlying)
Footnotes (4)
- [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]Shares withheld to satisfy FICA taxes due in the year the reporting person reaches retirement eligibility.
- [F3]Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis.
- [F4]These restricted stock units remain subject to a time-vesting requirement and are scheduled to vest and settle in common stock as follows: 19,654 of these restricted stock units vest on May 9, 2024 and the remaining 20,000 of these restricted stock units vest on May 9, 2025, assuming continued employment through the applicable vesting date.