SEC Form 4 · accession 0001395942-15-000193
OPENLANE, Inc. · OPLN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kelly Peter
Officer — CTO & Pres of Digital Srvs Grp
Period of report
Dec 7, 2015
Accepted (ET)
Dec 7, 2015 · 2:43 pm 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 | Dec 7, 2015 | M | 15,000 | $12.97 | A | 15,000 | D | |
| Common Stock | Dec 7, 2015 | S | 15,000 | $38.50 | D | 0 | 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 | $12.97 | Dec 7, 2015 | A | 15,000 | D | — | Nov 4, 2021 | Common Stock | 15,000 | 245,000 | D |
Explanation of responses
- F1These service options are currently exercisable.