0001395942-24-000034.txt : 20240513
0001395942-24-000034.hdr.sgml : 20240513
20240513160758
ACCESSION NUMBER: 0001395942-24-000034
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: Kelly Peter J
CENTRAL INDEX KEY: 0001532010
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34568
FILM NUMBER: 24939068
MAIL ADDRESS:
STREET 1: C/O KAR AUCTION SERVICES, INC.
STREET 2: 11299 NORTH ILLINOIS STREET
CITY: CARMEL
STATE: IN
ZIP: 46032
FORMER NAME:
FORMER CONFORMED NAME: Peter Kelly
DATE OF NAME CHANGE: 20111005
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_1715630862.xml
FORM 4
X0508
4
2024-05-09
0
0001395942
OPENLANE, Inc.
KAR
0001532010
Kelly Peter J
C/O: OPENLANE, INC.
11299 NORTH ILLINOIS STREET
CARMEL
IN
46032
1
1
0
0
Chief Executive Officer
0
Common Stock
2024-05-09
4
M
0
49025
0
A
396380.263
D
Common Stock
2024-05-09
4
F
0
21115
17.71
D
375265.263
D
Restricted Stock Units
2024-05-09
4
M
0
49025
0
D
Common Stock
49025
50000
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.
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 vest 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