SEC Form 4 · accession 0001395942-15-000181
OPENLANE, Inc. · OPLN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John W Kett
Officer — IAA CEO & President
Period of report
Nov 12, 2015
Accepted (ET)
Nov 13, 2015 · 11:19 am EST
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 | Nov 12, 2015 | M | 10,000 | $10.00 | A | 24,268 | D | |
| Common Stock | Nov 12, 2015 | S | 10,000 | $36.29 | D | 14,268 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | $10.00 | Nov 12, 2015 | A | 10,000 | D | — | Aug 20, 2017 | Common Stock | 10,000 | 87,746 | D |
Explanation of responses
- F128,661 of these options are service options that are currently exercisable.
- F259,085 of these options are performance options that are currently exercisable.