Lakhia Brad S. 4
4 · OPENLANE, Inc. · Filed May 6, 2024
Insider Transaction Report
Form 4
Lakhia Brad S.
EVP & CFO
Transactions
- Exercise/Conversion
Common Stock
2024-05-05+13,486→ 13,486 total - Exercise/Conversion
Restricted Stock Units
2024-05-05−13,486→ 13,487 total→ Common Stock (13,486 underlying) - Tax Payment
Common Stock
2024-05-05$17.69/sh−4,168$73,732→ 9,318 total
Footnotes (4)
- [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 May 5, 2024.
- [F2]Shares withheld by the Company to satisfy tax withholding requirements.
- [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: one-half of these restricted stock units vested on May 5, 2024 and the remaining one-half of these restricted stock units vest on May 5, 2025, assuming continued employment through the applicable vesting date.