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OPENLANE, Inc. — Director's Dealing 2023
Feb 22, 2023
31385_dirs_2023-02-22_1f632987-f978-4bb1-a118-a4fbf62ff50b.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: KAR Auction Services, Inc. (KAR)
CIK: 0001395942
Period of Report: 2023-02-21
Reporting Person: HALLETT JAMES P (Director, Executive Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-21 | Common Stock | M | 14122 | — | Acquired | 640263.8733 | Direct |
| 2023-02-21 | Common Stock | F | 3693 | $14.12 | Disposed | 636570.8733 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-02-21 | Restricted Stock Units | $ | M | 14122 | Disposed | Common Stock (14122.0) | Direct |
Footnotes
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 21, 2023.
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.
F5: These restricted stock units were subject to a time-vesting requirement and vested and settled in common stock on February 21, 2023.