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OPENLANE, Inc. — Director's Dealing 2024
Feb 27, 2024
31385_dirs_2024-02-27_bed140bc-2267-4884-ab3c-ed09af5da5aa.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: 2024-02-23
Reporting Person: HALLETT JAMES P (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-23 | Common Stock | M | 194404 | $11.74 | Acquired | 878243.8733 | Direct |
| 2024-02-23 | Common Stock | F | 164294 | $15.06 | Disposed | 713949.8733 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-23 | Employee Stock Option (right to buy) | $11.74 | M | 194404 | Disposed | 2024-02-27 | Common Stock (194404) | Direct |
Footnotes
F1: This transaction was effected pursuant to a Rule 10b5-1 Plan adopted by the reporting person on June 9, 2023.
F2: Represents a "net exercise" of outstanding stock options (the reporting person received 30,110 shares from exercising 194,404 stock options in a net exercise transaction with broker).
F3: All of these options are currently exercisable.
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