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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1. Name and Address of Reporting Person * HITCHCOCK CAMERON   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 and Pres. of DSG (Last) (First) (Middle) 13085 HAMILTON CROSSING BLVD. 3. Date of Earliest Transaction (Month/Day/Year) 12/29/2006 (Street) CARMEL, IN 46032 4. If Amendment, Date Original Filed(Month/Day/Year) 01/03/2007 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 12/29/2006   M   50,000 A $ 24 57,630.381 D   Common Stock, par value $.01 per share 12/29/2006   S   50,000 D $ 27.7504 7,630.381 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	16,599		16,599	D
Restricted Stock Units convertible to Common Stock	$ 0							(1)	(2)	Common Stock, par value $.01 per share	2,356		2,356	D
Option to Purchase Common Stock, par value $.01 per share	$ 24	12/29/2006		M			50,000	(3)	06/16/2010	Common Stock, par value $.01 per share	265,580	$ 24	215,580	D
Restricted Stock Units convertible to Common Stock	$ 0							(1)	(2)	Common Stock, par value $.01 per share	1,535		1,535	D
Dividend Equivalent Rights	(4)							(5)	(2)	Common Stock, par value $.01 per share	493.735		493.735	D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
HITCHCOCK CAMERON 13085 HAMILTON CROSSING BLVD. CARMEL, IN 46032			EVP and Pres. of DSG

Signatures

Rebecca C. Polak for Cameron C. Hitchcock		01/22/2007
**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 anniverary of the date of grant, 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)	1-for-1
(5)	The dividend equivalent rights accrued on Restricted Stock Units granted on 6/16/04 vest with those Restricted Stock Units.

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