4//SEC Filing
WARD JONATHAN P 4
Accession 0001179110-13-006488
CIK 0001395942other
Filed
Apr 4, 8:00 PM ET
Accepted
Apr 5, 1:19 PM ET
Size
10.2 KB
Accession
0001179110-13-006488
Insider Transaction Report
Form 4
WARD JONATHAN P
Director
Transactions
- Award
Phantom Stock
2012-12-28$19.82/sh+84$1,665→ 84 totalExercise: $0.00→ Common Stock (84 underlying) - Award
Phantom Stock
2013-04-04$19.81/sh+84$1,664→ 84 totalExercise: $0.00→ Common Stock (84 underlying)
Holdings
- 7,572
Common Stock
- 8,665
Phantom Stock
Exercise: $0.00→ Common Stock (4,778 underlying)
Footnotes (4)
- [F1]The phantom stock will convert into shares of KAR common stock on a one-for-one basis.
- [F2]Represents director fees deferred in the reporting person's account in the KAR Auction Services, Inc. Directors Deferred Compensation Plan. Shares of restricted stock were granted on May 17, 2012 at a price of $15.70 per share and will be settled only for shares of KAR common stock on a one-for-one basis. These 4,778 shares of restricted stock 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.
- [F3]The reporting person will receive shares of KAR common stock, on a one-for-one basis, at a future date(s) specified by him pursuant to the deferred compensation plan.
- [F4]Reflects the reinvestment of dividend equivalents in additional shares of phantom stock pursuant to the terms of the KAR Auction Services, Inc. Directors Deferred Compensation Plan.
Documents
Issuer
KAR Auction Services, Inc.
CIK 0001395942
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001182078
Filing Metadata
- Form type
- 4
- Filed
- Apr 4, 8:00 PM ET
- Accepted
- Apr 5, 1:19 PM ET
- Size
- 10.2 KB