Richer Tobin P 4
4 · OPENLANE, Inc. · Filed Feb 21, 2025
Insider Transaction Report
Form 4
Richer Tobin P
EVP Marketing & Communications
Transactions
- Tax Payment
Common Stock
2025-02-19$20.07/sh−999$20,050→ 17,153 total - Award
Common Stock
2025-02-19+2,879→ 18,152 total
Footnotes (3)
- [F1]The number of performance-based restricted stock units that vested was determined based on the Company's cumulative adjusted EBITDA performance over a three-year period from January 1, 2022 through December 31, 2024. The Compensation Committee certified performance achievement effective February 19, 2025.
- [F2]Each performance-based restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. The performance-based restricted stock units vested into common stock on February 19, 2025.
- [F3]Shares withheld by the Company to satisfy tax withholding requirements.