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OPENLANE, Inc. — Director's Dealing 2024
Dec 17, 2024
31385_dirs_2024-12-17_0b44f07d-808b-4ab5-918d-459f92a47913.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: OPENLANE, Inc. (KAR)
CIK: 0001395942
Period of Report: 2024-12-13
Reporting Person: Kelly Peter J (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-12-13 | Common Stock | M | 974 | — | Acquired | 376239.263 | Direct |
| 2024-12-13 | Common Stock | F | 974 | $20.57 | Disposed | 375265.263 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-12-13 | Restricted Stock Units | $ | M | 974 | Disposed | Common Stock (974) | Direct |
Footnotes
F1: Shares withheld to satisfy FICA taxes due in the year the reporting person reaches retirement eligibility. Each remaining restricted stock unit is convertible into a share of common stock on a 1-for-1 basis.
F2: Shares withheld to satisfy FICA taxes due in the year the reporting person reaches retirement eligibility.
F3: Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis.
F4: These restricted stock units remain subject to a time-vesting requirement and are scheduled to vest and settle in common stock on May 9, 2025, assuming continued employment through the vesting date.