FORMANEK PETER R 4
4 · KAR Auction Services, Inc. · Filed Jun 29, 2012
Insider Transaction Report
Form 4
FORMANEK PETER R
Director
Transactions
- Award
Common Stock
2012-06-29$17.19/sh+728$12,514→ 21,173 total
Footnotes (2)
- [F1]These shares of common stock were issued to the reporting person pursuant to the KAR Auction Services, Inc. 2009 Omnibus Stock and Incentive Plan in lieu of a quarterly cash retainer of $12,500.
- [F2]4,778 of these shares are shares of restricted stock that were granted pursuant to the KAR Auction Services, Inc. 2009 Omnibus Stock and Incentive Plan and one-fourth of the grant vests every three months from the date of grant (May 17, 2012) and such grant is subject to forfeiture until vested.