0001395942-24-000029.txt : 20240508 0001395942-24-000029.hdr.sgml : 20240508 20240508175920 ACCESSION NUMBER: 0001395942-24-000029 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240507 FILED AS OF DATE: 20240508 DATE AS OF CHANGE: 20240508 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Anderson Scott A CENTRAL INDEX KEY: 0001293470 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34568 FILM NUMBER: 24927774 MAIL ADDRESS: STREET 1: 11299 NORTH ILLINOIS STREET CITY: CARMEL STATE: IN ZIP: 46032 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: OPENLANE, Inc. CENTRAL INDEX KEY: 0001395942 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-AUTO DEALERS & GASOLINE STATIONS [5500] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 208744739 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 11299 N. ILLINOIS STREET CITY: CARMEL STATE: IN ZIP: 46032 BUSINESS PHONE: (800) 923-3725 MAIL ADDRESS: STREET 1: 11299 N. ILLINOIS STREET CITY: CARMEL STATE: IN ZIP: 46032 FORMER COMPANY: FORMER CONFORMED NAME: KAR Auction Services, Inc. DATE OF NAME CHANGE: 20091103 FORMER COMPANY: FORMER CONFORMED NAME: KAR Holdings, Inc. DATE OF NAME CHANGE: 20070409 4 1 wk-form4_1715205546.xml FORM 4 X0508 4 2024-05-07 0 0001395942 OPENLANE, Inc. KAR 0001293470 Anderson Scott A C/O OPENLANE, INC. 11299 NORTH ILLINOIS STREET CARMEL IN 46032 0 1 0 0 Chief Accounting Officer 0 Common Stock 2024-05-07 4 M 0 542 0 A 32746.9914 D Common Stock 2024-05-07 4 F 0 142 17.88 D 32604.9914 D Restricted Stock Units 2024-05-07 4 M 0 542 0 D Common Stock 542 0 D Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. The restricted stock units vested in common stock on May 7, 2024. Includes shares acquired pursuant to the Company's Employee Stock Purchase Plan. Shares withheld by the Company to satisfy tax withholding requirements. Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. These restricted stock units were subject to a time-vesting requirement and vested and settled in common stock as follows: one-third of the restricted stock units vested on May 7, 2022, one-third of the restricted stock units vested on May 7, 2023 and the remaining one-third of the restricted stock units vested on May 7, 2024. Charles S. Coleman, as Attorney-in-Fact 2024-05-08