4//SEC Filing
KAR Auction Services, Inc. 4
Accession 0001395942-16-000332
$KARCIK 0001395942operating
Filed
Jul 6, 8:00 PM ET
Accepted
Jul 7, 6:15 PM ET
Size
8.3 KB
Accession
0001395942-16-000332
Insider Transaction Report
Form 4
Jolliffe Lynn
Director
Transactions
- Award
Phantom Stock
2016-07-05$41.49/sh+42.439$1,761→ 326.17 total→ Common Stock (42.439 underlying)
Holdings
- 2,955
Common Stock
- 5,788
Phantom Stock
→ Common Stock (5,788 underlying)
Footnotes (6)
- [F1]These shares of common stock were issued on 6/8/2016 to the reporting person as director fees and were issued pursuant to the KAR Auction Services, Inc. 2009 Omnibus Stock and Incentive Plan and one-fourth of the shares vest every three months from the date issued and are subject to forfeiture until vested.
- [F2]The phantom stock will convert into shares of KAR common stock on a one-for-one basis.
- [F3]The reporting person will receive shares of KAR common stock, on a one-for-one basis, at a future date(s) specified by her pursuant to the deferred compensation plan.
- [F4]Represents director fees deferred in the reporting person's account in the KAR Auction Services, Inc. Directors Deferred Compensation Plan.
- [F5]Reflects the reinvestment of dividend equivalents in additional shares of phantom stock pursuant to the terms of the KAR Auction Services, Inc. Directors Deferred Compensation Plan.
- [F6]Reflects dividend payment of which all shares are vested.
Documents
Issuer
KAR Auction Services, Inc.
CIK 0001395942
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001395942
Filing Metadata
- Form type
- 4
- Filed
- Jul 6, 8:00 PM ET
- Accepted
- Jul 7, 6:15 PM ET
- Size
- 8.3 KB