Home/Filings/4/0001395942-24-000028
4//SEC Filing

Lakhia Brad S. 4

Accession 0001395942-24-000028

CIK 0001395942other

Filed

May 5, 8:00 PM ET

Accepted

May 6, 5:45 PM ET

Size

8.9 KB

Accession

0001395942-24-000028

Insider Transaction Report

Form 4
Period: 2024-05-05
Transactions
  • Exercise/Conversion

    Common Stock

    2024-05-05+13,48613,486 total
  • Exercise/Conversion

    Restricted Stock Units

    2024-05-0513,48613,487 total
    Common Stock (13,486 underlying)
  • Tax Payment

    Common Stock

    2024-05-05$17.69/sh4,168$73,7329,318 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.

Issuer

OPENLANE, Inc.

CIK 0001395942

Entity typeother

Related Parties

1
  • filerCIK 0001615728

Filing Metadata

Form type
4
Filed
May 5, 8:00 PM ET
Accepted
May 6, 5:45 PM ET
Size
8.9 KB