Stefan Jacoby - Jun 2, 2023 Form 4 Insider Report for OPENLANE, Inc. (KAR)

Role
Director
Signature
Charles S. Coleman, as Attorney-in-Fact
Stock symbol
KAR
Transactions as of
Jun 2, 2023
Transactions value $
$170,003
Form type
4
Date filed
6/6/2023, 03:22 PM
Previous filing
Jan 3, 2023
Next filing
Jun 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KAR Common Stock Award $170K +11K +57.26% $15.41 30.3K Jun 2, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 11,032 of these shares were issued on June 2, 2023 to the reporting person as director fees pursuant to the KAR Auction Services, Inc. Amended and Restated 2009 Omnibus Stock and Incentive Plan. The 11,032 shares vest on June 2, 2024 and are subject to forfeiture until vested. All other shares are vested.