KAR Auction Services, Inc. 4
4 · KAR Auction Services, Inc. · Filed Oct 1, 2013
Insider Transaction Report
Form 4
FORMANEK PETER R
Director
Transactions
- Award
Common Stock
2013-09-30$28.21/sh+444$12,525→ 27,399 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]3,358 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 (June 12, 2013) and such grant is subject to forfeiture until vested.