Anderson Scott A 4
4 · OPENLANE, Inc. · Filed Feb 29, 2024
Insider Transaction Report
Form 4
Anderson Scott A
Chief Accounting Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-02-28−2,016→ 2,025 total→ Common Stock (2,016 underlying) - Exercise/Conversion
Common Stock
2024-02-28+2,016→ 30,789.295 total - Tax Payment
Common Stock
2024-02-28$15.04/sh−526$7,911→ 30,263.295 total
Footnotes (5)
- [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 28, 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: 2,016 of these restricted stock units vested 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.