Mitchell William Clyde 4
4 · OPENLANE, Inc. · Filed Feb 25, 2025
Insider Transaction Report
Form 4
Mitchell William Clyde
President of AFC
Transactions
- Tax Payment
Common Stock
2025-02-22$20.92/sh−768$16,067→ 11,552.499 total - Tax Payment
Common Stock
2025-02-24$20.94/sh−796$16,668→ 13,114.499 total - Exercise/Conversion
Common Stock
2025-02-22+2,274→ 12,320.499 total - Exercise/Conversion
Common Stock
2025-02-24+2,358→ 13,910.499 total - Exercise/Conversion
Restricted Stock Units
2025-02-22−2,274→ 4,548 total→ Common Stock (2,274 underlying) - Exercise/Conversion
Restricted Stock Units
2025-02-24−2,358→ 2,190 total→ Common Stock (2,358 underlying) - Award
Restricted Stock Units
2025-02-21+14,341→ 14,341 total→ Common Stock (14,341 underlying)
Footnotes (8)
- [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 February 22, 2025.
- [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. The restricted stock units vested in common stock on February 24, 2025.
- [F5]Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis.
- [F6]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 vest on February 21, 2026, one-third of these restricted stock units vest on February 21, 2027 and the remaining one-third of these restricted stock units vest on February 21, 2028, assuming continued employment through the applicable vesting date.
- [F7]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 February 22, 2025, one-third of these restricted stock units vest on February 22, 2026, and the final one-third of these restricted stock units vest on February 22, 2027, assuming continued employment through the applicable vesting date.
- [F8]These restricted stock units remain subject to a time-vesting requirement and are scheduled to vest and settle in common stock on February 24, 2026, assuming continued employment through the applicable vesting date.