SEC Form 4 · accession 0001395942-15-000080
OPENLANE, Inc. · OPLN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Benjamin Skuy
Officer — EVP of International Markets
Period of report
May 18, 2015
Accepted (ET)
May 19, 2015 · 5:24 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001395942
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 19, 2015 | M | 12,500 | $10.00 | A | 12,500 | D | |
| Common Stock | May 19, 2015 | S | 12,500 | $37.69 | D | 0 | D | |
| Common Stock | May 18, 2015 | M | 12,500 | $10.00 | A | 12,500 | D | |
| Common Stock | May 18, 2015 | S | 12,500 | $37.64 | D | 0 | D | |
| Common Stock | holding | — | — | — | 4,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1,F2 | $10.00 | May 18, 2015 | A | 25,000 | D | — | Aug 20, 2017 | Common Stock | 25,000 | 107,978 | D |
| Employee Stock Option (right to buy)F2 | $16.264 | holding | — | — | — | — | Feb 7, 2018 | Common Stock | 15,040 | 15,040 | D |
| Employee Stock Option (right to buy)F2 | $13.46 | holding | — | — | — | — | Mar 1, 2020 | Common Stock | 121,560 | 121,560 | D |
Explanation of responses
- F112,500 shares were exercised on 5/18/15 and 12,500 shares were exercised on 5/19/15.
- F2All of these options are currently exercisable.