Filing Details

Accession Number:
0001395942-24-000018
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-03-13 14:03:18
Reporting Period:
2024-03-11
Accepted Time:
2024-03-13 14:03:18
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1395942 Openlane Inc. KAR Retail-Auto Dealers & Gasoline Stations (5500) 208744739
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1678215 Ii E. James Money C/O Openlane, Inc.
11299 North Illinois Street
Carmel IN 46032
Afc President No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2024-03-11 14,822 $13.81 59,426 No 4 M Direct
Common Stock Disposition 2024-03-11 14,822 $15.83 44,604 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (right to buy) Disposition 2024-03-11 14,822 $13.81 14,822 $13.81
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
4,941 2031-03-04 No 4 M Direct
Footnotes
  1. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.81 to $15.88 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  2. These options were granted on March 4, 2021 and will vest and become exercisable in equal installments on each of the first four anniversaries of the grant date, subject to continued employment through such vesting date.