Lisa A. Price - 09 May 2024 Form 4 Insider Report for OPENLANE, Inc. (KAR)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
13 May 2024, 16:08:35 UTC
Prior SEC filing
11 May 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Charles S. Coleman as Attorney-In-Fact

Key filing fact

Lisa A. Price filed Form 4 for OPENLANE, Inc. (KAR) on 13 May 2024.

Key facts

  • This page summarizes Lisa A. Price's Form 4 filing for OPENLANE, Inc. (KAR).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 13 May 2024, 16:08.

Change

  • Previous filing in this sequence was filed on 11 May 2023.
  • Current net transaction value: -$75,728.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

KAR transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+15,000
Change %
+32%
Price
$0.000000
Shares after
61,509
Date
09 May 2024
Ownership
Direct
Footnotes
F1
KAR transaction

Common Stock

Tax liability

Transaction value
$75,728
Shares
-4,276
Change %
-7%
Price
$17.71
Shares after
57,233
Date
09 May 2024
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

KAR transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-15,000
Change %
-50%
Price
$0.000000
Shares after
15,000
Date
09 May 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
15,000
Exercise price
Footnotes
F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote 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.

Footnote F2

Shares withheld by the Company to satisfy tax withholding requirements.

Footnote F3

Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis.

Footnote F4

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.

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