4//SEC Filing
KAR Auction Services, Inc. 4
Accession 0001395942-13-000019
$KARCIK 0001395942operating
Filed
Sep 25, 8:00 PM ET
Accepted
Sep 26, 3:44 PM ET
Size
5.6 KB
Accession
0001395942-13-000019
Insider Transaction Report
Form 4
Clingen Brian T.
DirectorChairman of the Board
Transactions
- Sale
Common Stock
2013-09-24$26.63/sh−178,571$4,754,453→ 363,337 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 September 24, 2013.
- [F2]Includes (i) 99,764 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) 263,573 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
- Sep 25, 8:00 PM ET
- Accepted
- Sep 26, 3:44 PM ET
- Size
- 5.6 KB