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OPENLANE, Inc. Director's Dealing 2023

Feb 22, 2023

31385_dirs_2023-02-22_06ad70ad-a36b-4a6a-84b9-cc0aedecadd3.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: Anderson Scott A (Interim CFO & CAO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-02-21 Common Stock M 623 Acquired 19578.9719 Direct
2023-02-21 Common Stock F 163 $14.12 Disposed 19415.9719 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-02-21 Restricted Stock Units $ M 623 Disposed Common Stock (623.0) Direct

Footnotes

F1: Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis.

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: These restricted stock units were subject to a time-vesting requirement and vested and settled in common stock on February 21, 2023.