Home/Filings/4/0001395942-24-000013
4//SEC Filing

Anderson Scott A 4

Accession 0001395942-24-000013

CIK 0001395942other

Filed

Feb 25, 7:00 PM ET

Accepted

Feb 26, 10:03 AM ET

Size

11.6 KB

Accession

0001395942-24-000013

Insider Transaction Report

Form 4
Period: 2024-02-22
Anderson Scott A
Chief Accounting Officer
Transactions
  • Exercise/Conversion

    Common Stock

    2024-02-24+2,74529,489.295 total
  • Tax Payment

    Common Stock

    2024-02-24$15.06/sh716$10,78328,773.295 total
  • Exercise/Conversion

    Restricted Stock Units

    2024-02-242,7455,588 total
    Common Stock (2,745 underlying)
  • Award

    Restricted Stock Units

    2024-02-22+8,1868,186 total
    Common Stock (8,186 underlying)
Footnotes (6)
  • [F1]Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. The restricted stock units vested in common stock on February 24, 2024.
  • [F2]Includes shares acquired pursuant to the Company's Employee Stock Purchase Plan.
  • [F3]Shares withheld by the Company to satisfy tax withholding requirements.
  • [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: 2,745 of these restricted stock units vested 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.
  • [F6]These restricted stock units remain subject to a time-vesting requirement and are scheduled to vest and settle in common stock as follows: one-third of these restricted stock units vest on February 22, 2025, one-third of these restricted stock units vest on February 22, 2026 and the remaining one-third of these restricted stock units vest on February 22, 2027, 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
Feb 25, 7:00 PM ET
Accepted
Feb 26, 10:03 AM ET
Size
11.6 KB