4//SEC Filing
Subrahmanyam Sriram 4
Accession 0001395942-24-000031
CIK 0001395942other
Filed
May 12, 8:00 PM ET
Accepted
May 13, 4:06 PM ET
Size
9.2 KB
Accession
0001395942-24-000031
Insider Transaction Report
Form 4
Subrahmanyam Srisu
Pres KAR Svcs Group, EVP Ops
Transactions
- Exercise/Conversion
Common Stock
2024-05-09+20,000→ 60,855 total - Tax Payment
Common Stock
2024-05-09$17.71/sh−5,700$100,947→ 55,155 total - Exercise/Conversion
Restricted Stock Units
2024-05-09−20,000→ 20,000 total→ Common Stock (20,000 underlying)
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 May 9, 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: one-third of these restricted stock units vested on May 9, 2023, one-third of these restricted stock units vested on May 9, 2024 and the remaining one-third of these restricted stock units vest on May 9, 2025, assuming continued employment through the applicable vesting date.
Documents
Issuer
OPENLANE, Inc.
CIK 0001395942
Entity typeother
Related Parties
1- filerCIK 0001929661
Filing Metadata
- Form type
- 4
- Filed
- May 12, 8:00 PM ET
- Accepted
- May 13, 4:06 PM ET
- Size
- 9.2 KB