1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Option to Purchase Common Stock, par value $.01 per share
|
Â
(1)
|
06/15/2010 |
Common Stock, par value $.01 per share
|
106,232
|
$
24
|
D
|
Â
|
Restricted Stock Units convertible to Common Stock
|
06/15/2007 |
Â
(3)
|
Common Stock, par value $.01 per share
|
6,640
|
$
0
|
D
|
Â
|
Restricted Stock Units convertible to Common Stock
|
Â
(2)
|
Â
(3)
|
Common Stock, par value $.01 per share
|
2,435
|
$
0
|
D
|
Â
|
Equivalent Dividend Rights
|
Â
(4)
|
Â
(3)
|
Common Stock, par value $.01 per share
|
46.107
(5)
|
$
(6)
|
D
|
Â
|
* |
If the form is filed by more than one reporting person, see Instruction 5(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) |
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 (6/15/04), provided that the executive is employed by ADESA, Inc. on such date. |
(2) |
Restricted Stock Units vest on the third anniversary of the date of grant (2/15/05), provided that the executive is employed by ADESA, Inc. on such date at which time they will be converted to shares of ADESA, Inc. common stock or cash, at the election of ADESA, Inc. |
(3) |
N/A |
(4) |
The dividend equivalent rights accrued on Restricted Stock Units granted on 6/15/04 and vest with those Restricted Stock Units. |
(5) |
Includes dividends from 12/15/04 and 3/15/05. |
(6) |
1 for 1 |