Home/Filings/4/0001395942-24-000017
4//SEC Filing

Anderson Scott A 4

Accession 0001395942-24-000017

CIK 0001395942other

Filed

Mar 5, 7:00 PM ET

Accepted

Mar 6, 9:15 AM ET

Size

9.2 KB

Accession

0001395942-24-000017

Insider Transaction Report

Form 4
Period: 2024-03-04
Anderson Scott A
Chief Accounting Officer
Transactions
  • Exercise/Conversion

    Common Stock

    2024-03-04+1,81632,346.827 total
  • Exercise/Conversion

    Restricted Stock Units

    2024-03-041,8160 total
    Common Stock (1,816 underlying)
  • Tax Payment

    Common Stock

    2024-03-04$16.02/sh474$7,59331,872.827 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 March 4, 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 were subject to a time-vesting requirement and were scheduled to vest and settle in common stock as follows: one-third of these restricted stock units vested on March 4, 2022, one-third of these restricted stock units vested on March 4, 2023 and the remaining one-third of these restricted stock units vested 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
Mar 5, 7:00 PM ET
Accepted
Mar 6, 9:15 AM ET
Size
9.2 KB