Anderson Scott A 4
4 · OPENLANE, Inc. · Filed Mar 6, 2024
Insider Transaction Report
Form 4
Anderson Scott A
Chief Accounting Officer
Transactions
- Exercise/Conversion
Common Stock
2024-03-04+1,816→ 32,346.827 total - Exercise/Conversion
Restricted Stock Units
2024-03-04−1,816→ 0 total→ Common Stock (1,816 underlying) - Tax Payment
Common Stock
2024-03-04$16.02/sh−474$7,593→ 31,872.827 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.