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Apax Guernsey (Holdco) PCC Ltd's Form 4 filing

OPENLANE, Inc. (OPLN) · filed Oct 10, 2025

Accession no.
0001193125-25-236706
Filed
Oct 10, 2025, 11:58 AM ET
Trade date
Oct 8, 2025
Filing delay
2 days
Rule 10b5-1 plan
Not checked

This filing lists 1 derivative transaction. It was filed 2 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Apax Guernsey (Holdco) PCC LtdCIK 000146980710% Owner
Ignition Acquisition Holdings GP LLCCIK 000181654610% Owner
Ignition Acquisition Holdings LPCIK 000181655610% Owner
Ignition GP LLCCIK 000181658610% Owner
Ignition Parent LPCIK 000181660210% Owner
Apax X GP Co. LtdCIK 000181705310% Owner
Ignition Topco LtdCIK 000181706010% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

This filing has no transactions of this kind.

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Oct 8, 2025Common StockSSaleDisposed−16,243,485–F1–288,323Indirect

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

Reflects Series A Preferred Stock, par value $0.01 per share, of the Issuer ("Series A Preferred Stock"). The Series A Preferred Stock has no stated maturity, and beginning on June 10, 2021, the Series A Preferred Stock were convertible at the option of the holders thereof into shares of common stock, par value $0.01 per share, of the Issuer ("Common Stock") at an initial conversion price of $17.75 per share of Series A Preferred Stock and an initial conversion rate of 56.3380 shares of Common Stock per share of Series A Preferred Stock, subject to adjustment as provided in the Certificate of Designations of the Series A Preferred Stock ("Certificate of Designations"). The Issuer may mandatorily convert the Series A Preferred Stock into Common Stock at any time after the three-year anniversary of the issuance, if certain conditions are met.

Referenced by the price of 1 transaction in Table II.

Read the full filing on SEC EDGAR (opens in a new tab)