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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.