4//SEC Filing
Clingen Brian T. 4
Accession 0001209191-12-057485
CIK 0001395942other
Filed
Dec 12, 7:00 PM ET
Accepted
Dec 13, 5:15 PM ET
Size
5.7 KB
Accession
0001209191-12-057485
Insider Transaction Report
Form 4
Clingen Brian T.
DirectorChairman of the Board
Transactions
- Sale
Common Stock
2012-12-11$16.71/sh−200,892$3,357,408→ 1,181,788 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 December 11, 2012.
- [F2]Includes (i) 324,490 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) 857,298 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 typeother
Related Parties
1- filerCIK 0001477997
Filing Metadata
- Form type
- 4
- Filed
- Dec 12, 7:00 PM ET
- Accepted
- Dec 13, 5:15 PM ET
- Size
- 5.7 KB