4//SEC Filing
KAR Auction Services, Inc. 4
Accession 0001395942-16-000312
$KARCIK 0001395942operating
Filed
Jun 9, 8:00 PM ET
Accepted
Jun 10, 7:05 PM ET
Size
21.8 KB
Accession
0001395942-16-000312
Insider Transaction Report
Form 4
Vignes David
EVP of Enterprise Optimization
Transactions
- Award
Employee Stock Option (right to buy)
2016-06-09$13.46/sh−18,445$248,270→ 48,725 totalExercise: $13.46Exp: 2020-03-01→ Common Stock (18,445 underlying) - Exercise/Conversion
Common Stock
2016-06-09$16.68/sh+10,275$171,356→ 10,275 total - Sale
Common Stock
2016-06-09$41.52/sh−10,275$426,600→ 0 total - Exercise/Conversion
Common Stock
2016-06-09$10.00/sh+19,785$197,850→ 19,785 total - Sale
Common Stock
2016-06-09$41.52/sh−19,785$821,438→ 0 total - Exercise/Conversion
Common Stock
2016-06-09$13.46/sh+18,445$248,270→ 18,445 total - Sale
Common Stock
2016-06-09$41.52/sh−18,445$765,803→ 0 total - Award
Employee Stock Option (right to buy)
2016-06-09$16.68/sh−10,275$171,356→ 0 totalExercise: $16.68Exp: 2018-08-19→ Common Stock (10,275 underlying) - Award
Employee Stock Option (right to buy)
2016-06-09$10.00/sh−19,785$197,850→ 0 totalExercise: $10.00Exp: 2017-08-20→ Common Stock (19,785 underlying)
Holdings
- 14,525
Employee Stock Option (right to buy)
Exercise: $18.80Exp: 2021-05-05→ Common Stock (14,525 underlying) - 391
Common Stock
- 1,161
Restricted Stock Units
→ Common Stock (1,161 underlying)
Footnotes (4)
- [F1]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.4500 to $41.5800 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F2]These options are currently exercisable.
- [F3]Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. The restricted stock units vested in common stock on 2/20/16.
- [F4]These restricted stock units remain subject to a time-vesting requirement and are scheduled to vest and settle in common stock as follows: one-third of these restricted stock units vested on 2/20/2016, one-third of these restricted stock units vest on 2/20/2017 and the remaining one-third of these restricted stock units vest on 2/20/2018, assuming continued employment through the applicable vesting date.
Documents
Issuer
KAR Auction Services, Inc.
CIK 0001395942
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001395942
Filing Metadata
- Form type
- 4
- Filed
- Jun 9, 8:00 PM ET
- Accepted
- Jun 10, 7:05 PM ET
- Size
- 21.8 KB