Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT 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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(Print or Type Responses)
1. Name and Address of Reporting Person *
Lawrence George J
  2. Issuer Name and Ticker or Trading Symbol
ADESA INC [KAR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP, GC and Corp. Secretary
(Last)
(First)
(Middle)
13085 HAMILTON CROSSING BLVD.
3. Date of Earliest Transaction (Month/Day/Year)
12/15/2006
(Street)

CARMEL, IN 46032
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $.01 per share               1,403 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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)
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 602   602 D  
Option to Purchase Common Stock, par value $.01 per share $ 24               (3) 06/15/2010 Common Stock, par value $.01 per share 106,232   106,232 D  
Restricted Stock Units convertible to Common Stock $ 0               (4)   (2) Common Stock, par value $.01 per share 6,640   6,640 D  
Restricted Stock Units convertible to Common Stock $ 0               (5)   (2) Common Stock, par value $.01 per share 3,319   3,319 D  
Option to Purchase Common Stock, par value $.01 per share $ 24               (3) 06/15/2010 Common Stock, par value $.01 per share 53,116   53,116 D  
Restricted Stock Units convertible to Common Stock $ 0               (6)   (2) Common Stock, par value $.01 per share 946   946 D  
Dividend Equivalent Rights (7) 12/15/2006   A     19.804   (8)   (2) Common Stock, par value $.01 per share 19.804 $ 0 197.507 D  
Dividend Equivalent Rights (7) 12/15/2006   A     9.862   (9)   (2) Common Stock, par value $.01 per share 9.862 $ 0 86.016 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Lawrence George J
13085 HAMILTON CROSSING BLVD.
CARMEL, IN 46032
      EVP, GC and Corp. Secretary  

Signatures

 Rebecca C. Polak for George J. Lawrence   12/19/2006
**Signature of Reporting Person Date

Explanation of Responses:

* 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 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 into shares of ADESA, Inc. common stock or cash, at the election of ADESA, Inc.
(2) N/A
(3) Options are fully vested and immediately exercisable.
(4) Restricted Stock Units granted on 9/13/04 vest on the third anniversary of the IPO date (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.
(5) Restricted Stock Units granted on 2/15/05 vest on the third anniversary of the IPO date (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.
(6) Restricted Stock Units vest on the third anniversary of the date of 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.
(7) 1 for 1
(8) The dividend equivalent rights accrued on Restricted Stock Units granted on 9/13/04 vest with those Restricted Stock Units on the third anniversary of the IPO date (6/16/04).
(9) The dividend equivalent rights accrued on Restricted Stock Units granted on 2/15/05 vest with those Restricted Stock Units on the third anniversary of the IPO date (6/16/04).

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