4//SEC Filing
Jolliffe Lynn 4
Accession 0000899243-20-017273
CIK 0001745041other
Filed
Jun 18, 8:00 PM ET
Accepted
Jun 19, 4:32 PM ET
Size
5.6 KB
Accession
0000899243-20-017273
Insider Transaction Report
Form 4
IAA, Inc.IAA
Jolliffe Lynn
Director
Transactions
- Award
Common Stock
2020-06-17+3,024→ 9,653 total
Footnotes (2)
- [F1]Represents a restricted stock award granted on June 17, 2020, which will vest in four substantially equal quarterly installments over a one-year period following the grant date; provided, however, that if the Issuer's 2021 annual meeting of stockholders occurs prior to the last vesting date, the outstanding and unvested portion of the restricted stock award will vest on the day prior to such annual meeting.
- [F2]Includes 6,629 stock units received in connection with the spin-off of the Issuer from KAR Auction Services, Inc. (KAR). All outstanding stock units of KAR were converted into adjusted awards of both KAR and the Issuer with the intent to maintain the economic value of those awards before and after the spin-off. The stock units represent the contingent right to receive an equivalent number of shares of the Issuer's common stock. The 6,629 stock units are subject to a deferral option.
Documents
Issuer
IAA, Inc.
CIK 0001745041
Entity typeother
Related Parties
1- filerCIK 0001401053
Filing Metadata
- Form type
- 4
- Filed
- Jun 18, 8:00 PM ET
- Accepted
- Jun 19, 4:32 PM ET
- Size
- 5.6 KB