0001395942-24-000031.txt : 20240513 0001395942-24-000031.hdr.sgml : 20240513 20240513160643 ACCESSION NUMBER: 0001395942-24-000031 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240509 FILED AS OF DATE: 20240513 DATE AS OF CHANGE: 20240513 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Subrahmanyam Sriram CENTRAL INDEX KEY: 0001929661 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34568 FILM NUMBER: 24939038 MAIL ADDRESS: STREET 1: 11299 NORTH ILLINOIS STREET CITY: CARMEL STATE: IN ZIP: 46032 FORMER NAME: FORMER CONFORMED NAME: Subrahmanyam Srisu DATE OF NAME CHANGE: 20220518 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_1715630787.xml FORM 4 X0508 4 2024-05-09 0 0001395942 OPENLANE, Inc. KAR 0001929661 Subrahmanyam Sriram C/O OPENLANE, INC. CARMEL IN 46032 0 1 0 0 EVP Ops, Pres Svcs & Intl Mkts 0 Common Stock 2024-05-09 4 M 0 20000 0 A 60855 D Common Stock 2024-05-09 4 F 0 5700 17.71 D 55155 D Restricted Stock Units 2024-05-09 4 M 0 20000 0 D Common Stock 20000 20000 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 9, 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 remain subject to a time-vesting requirement and are scheduled to vest and settle in common stock as follows: one-third of these restricted stock units vested on May 9, 2023, one-third of these restricted stock units vested on May 9, 2024 and the remaining one-third of these restricted stock units vest on May 9, 2025, assuming continued employment through the applicable vesting date. Charles S. Coleman, as Attorney In Fact 2024-05-13