0001395942-24-000039.txt : 20240513
0001395942-24-000039.hdr.sgml : 20240513
20240513160937
ACCESSION NUMBER: 0001395942-24-000039
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: Mitchell William Clyde
CENTRAL INDEX KEY: 0002018717
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34568
FILM NUMBER: 24939109
MAIL ADDRESS:
STREET 1: 11299 N. 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_1715630957.xml
FORM 4
X0508
4
2024-05-09
0
0001395942
OPENLANE, Inc.
KAR
0002018717
Mitchell William Clyde
C/O OPENLANE, INC.
11299 N ILLINOIS STREET, SUITE 500
CARMEL
IN
46032
0
1
0
0
President of AFC
0
Common Stock
2024-05-09
4
M
0
1000
0
A
9323.375
D
Common Stock
2024-05-09
4
F
0
286
17.71
D
9037.375
D
Restricted Stock Units
2024-05-09
4
M
0
1000
0
D
Common Stock
1000
1000
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.
Kristen Trout, as Attorney-In-Fact
2024-05-13