KAR Auction Services, Inc. 4
4 · KAR Auction Services, Inc. · Filed Apr 2, 2015
Insider Transaction Report
Form 4
FORMANEK PETER R
Director
Transactions
- Award
Common Stock
2015-03-31$37.93/sh+573$21,734→ 34,656 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 cash retainer for director compensation.
- [F2]3,168 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 10, 2014) and such grant is subject to forfeiture until vested.