OPENLANE, Inc.·4

Feb 25, 10:49 AM ET

Price Dwayne P 4

4 · OPENLANE, Inc. · Filed Feb 25, 2025

Insider Transaction Report

Form 4
Period: 2025-02-21
Price Dwayne P
Chief Accounting Officer
Transactions
  • Award

    Restricted Stock Units

    2025-02-21+5,7375,737 total
    Common Stock (5,737 underlying)
  • Exercise/Conversion

    Common Stock

    2025-02-22+1,70511,288.142 total
  • Exercise/Conversion

    Common Stock

    2025-02-24+1,17911,891.142 total
  • Exercise/Conversion

    Restricted Stock Units

    2025-02-221,7053,411 total
    Common Stock (1,705 underlying)
  • Tax Payment

    Common Stock

    2025-02-24$20.94/sh398$8,33411,493.142 total
  • Tax Payment

    Common Stock

    2025-02-22$20.92/sh576$12,05010,712.142 total
  • Exercise/Conversion

    Restricted Stock Units

    2025-02-241,1791,179 total
    Common Stock (1,179 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.

Documents

1 file
  • 4
    wk-form4_1740498547.xmlPrimary

    FORM 4