4//SEC Filing
KAR Auction Services, Inc. 4
Accession 0001179110-13-010288
$KARCIK 0001395942operating
Filed
Jun 12, 8:00 PM ET
Accepted
Jun 13, 2:03 PM ET
Size
5.6 KB
Accession
0001179110-13-010288
Insider Transaction Report
Form 4
Clingen Brian T.
DirectorChairman of the Board
Transactions
- Sale
Common Stock
2013-06-11$20.45/sh−223,214$4,564,726→ 765,122 total(indirect: By LLC)
Footnotes (2)
- [F1]Reflects sales of shares of common stock of KAR Auction Services, Inc. in a secondary offering by KAR Holdings II, LLC that closed on June 11, 2013.
- [F2]Includes (i) 210,084 shares of common stock held of record by KAR Holdings II, LLC (which are attributable to Axle Holdings II, LLC), by virtue of the reporting person's common ownership interest in Axle Holdings II, LLC and (ii) 555,038 shares of common stock held of record by KAR Holdings II, LLC, by virtue of the reporting person's common ownership interest in KAR Holdings II, LLC. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
Documents
Issuer
KAR Auction Services, Inc.
CIK 0001395942
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001395942
Filing Metadata
- Form type
- 4
- Filed
- Jun 12, 8:00 PM ET
- Accepted
- Jun 13, 2:03 PM ET
- Size
- 5.6 KB