X0202 4 2005-04-26 0 0001281949 ADESA INC KAR 0001293123 Phillips Curtis L 13085 HAMILTON CROSSING BLVD. CARMEL IN 46032 0 1 0 0 Treasurer Common Stock 7770.021 D Restricted Stock Units convertible to Common Stock 0 Common Stock 2490 2490 D Option to Purchase Common Stock (right to buy) 24.00 2011-04-26 Common Stock 39837 39837 D Option to Purchase Common Stock (right to buy) 24.00 2010-06-16 Common Stock 9304 9304 D Option to Purchase Common Stock (right to buy) 22.44 2011-02-15 Common Stock 11832 11832 D Option to Purchase Common Stock (right to buy) 14.49 2011-01-02 Common Stock 2740 2740 D Option to Purchase Common Stock (right to buy) 15.75 2012-01-02 Common Stock 5541 5541 D Dividend Equivalent Rights 2005-06-15 4 A 0 8.24 0 A Common Stock, par value $.01 per share 8.24 8.24 D Restricted Stock Units vest on June 16, 2007, provided that the executive is employed by ADESA, Inc. on such date at which time they will be converted into shares of ADESA, Inc. common stock or cash, at the election of ADESA, Inc. N/A Immediately exercisable. On March 9, 2005, the Board of Directors of ADESA, Inc. approved resolutions to accelerate the vesting of certain unvested and "out-of-the-money" stock options granted under the ADESA, Inc. 2004 Equity and Incentive Plan. Options vest and become exercisable with respect to one-third (1/3) of the total grant on each of the first three anniversaries of the date of grant, provided that the executive is employed by ADESA, Inc. on such date. The grant vested and became exercisable on January 2, 2003. One-half (1/2) of the total grant vested and became exercisable on January 2, 2003 and the remaining one-half (1/2) of the grant vested and became exercisable on January 2, 2004. 1 for 1 The dividend equivalent rights accrued on Restricted Stock Units granted on 4/26/05 vest with those Restricted Stock Units. Michelle Mallon for Curtis L. Phillips 2005-06-17