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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units convertible to Common Stock | $ 0 | (1) | (2) | Common Stock, par value $.01 per share | 16,599 | 16,599 | D | ||||||||
Restricted Stock Units convertible to Common Stock | $ 0 | (3) | (2) | Common Stock, par value $.01 per share | 1,656 | 1,656 | D | ||||||||
Option to Purchase Common Stock, par value $.01 per share | $ 24 | (4) | 06/16/2010 | Common Stock, par value $.01 per share | 265,580 | 265,580 | D | ||||||||
Option to Purchase Common Stock, par value $.01 per share | $ 14.49 | (5) | 01/02/2011 | Common Stock, par value $.01 per share | 9,075 | 9,075 | D | ||||||||
Option to Purchase Common Stock, par value $.01 per share | $ 15.75 | (6) | 01/02/2012 | Common Stock, par value $.01 per share | 14,255 | 14,255 | D | ||||||||
Restricted Stock Units convertible to Common Stock | $ 0 | (7) | (2) | Common Stock, par value $.01 per share | 1,283 | 1,283 | D | ||||||||
Dividend Equivalent Rights | (8) | 12/15/2006 | A | 49.506 | (9) | (2) | Common Stock, par value $.01 per share | 49.506 | $ 0 | 493.735 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Todd Bradley A 13085 HAMILTON CROSSING BLVD. CARMEL, IN 46032 |
EVP and Pres. of ASG |
Rebecca C. Polak for Bradley A. Todd | 12/19/2006 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Restricted Stock Units vest on the third anniversary date of the grant (6/16/04), 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. |
(2) | N/A |
(3) | Restricted Stock Units vest on the third anniversary date of the grant (2/15/05), 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. |
(4) | Options are fully vested and immediately exercisable. |
(5) | One-half (1/2) of the total grant vested and became exercisable on January 2, 2002 and the remaining one-half (1/2) of the grant vested and became exercisable on January 2, 2003. |
(6) | 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 ans became exercisable on January 2, 2004. |
(7) | Restricted Stock Units vest on the third anniversary date of the grant (2/16/06), 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. |
(8) | 1-for-1 |
(9) | The dividend equivalent rights accrued on Restricted Stock Units granted on 6/16/04 vest with those Restricted Stock Units. |