0001395942-23-000087.txt : 20231212 0001395942-23-000087.hdr.sgml : 20231212 20231212182921 ACCESSION NUMBER: 0001395942-23-000087 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231208 FILED AS OF DATE: 20231212 DATE AS OF CHANGE: 20231212 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Kelly Peter J CENTRAL INDEX KEY: 0001532010 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34568 FILM NUMBER: 231482442 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] 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_1702423750.xml FORM 4 X0508 4 2023-12-08 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 2023-12-08 4 M 0 975 0 A 314330.263 D Common Stock 2023-12-08 4 F 0 975 14.34 D 313355.263 D Restricted Stock Units 2023-12-08 4 M 0 975 0 D Common Stock 975 99025 D Shares withheld to satisfy FICA taxes due in the year the reporting person reaches retirement eligibility. Each remaining restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. Includes shares acquired pursuant to the Company's Employee Stock Purchase Plan. Shares withheld to satisfy FICA taxes due in the year the reporting person reaches retirement eligibility. 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: 49,025 of these restricted stock units vest on May 9, 2024 and the remaining 50,000 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 2023-12-12