0001395942-23-000072.txt : 20230606 0001395942-23-000072.hdr.sgml : 20230606 20230606152337 ACCESSION NUMBER: 0001395942-23-000072 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230602 FILED AS OF DATE: 20230606 DATE AS OF CHANGE: 20230606 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Kestner Michael T. CENTRAL INDEX KEY: 0001594577 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34568 FILM NUMBER: 23995906 MAIL ADDRESS: STREET 1: 13085 HAMILTON CROSSING BLVD. 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] 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 wf-form4_168607940375593.xml FORM 4 X0407 4 2023-06-02 0 0001395942 OPENLANE, Inc. KAR 0001594577 Kestner Michael T. C/O OPENLANE, INC. 11299 NORTH ILLINOIS STREET CARMEL IN 46032 1 0 0 0 0 Phantom Stock 2023-06-02 4 A 0 11032 15.41 A Common Stock 11032.0 66235.3128 D The phantom stock will convert into shares of KAR common stock on a one-for-one basis. Represents director fees deferred in the reporting person's account in the KAR Auction Services, Inc. Directors Deferred Compensation Plan. 11,032 shares of phantom stock vest on June 2, 2024, and are subject to forfeiture until vested. All other shares of phantom stock are vested. The reporting person will receive shares of KAR common stock, on a one-for-one basis, at a future date(s) specified by him subject to the terms and conditions of the KAR Auction Services, Inc. Directors Deferred Compensation Plan. Charles S. Coleman as Attorney-In-Fact 2023-06-06