KAR Auction Services, Inc. 4
4 · KAR Auction Services, Inc. · Filed Feb 22, 2017
Insider Transaction Report
Form 4
Byrd Warren W
EVP of Corp Dev & Real Estate
Transactions
- Exercise/Conversion
Restricted Stock Units
2017-02-20−580→ 581 total→ Common Stock (580 underlying) - Exercise/Conversion
Common Stock
2017-02-20+580→ 580 total - Tax Payment
Common Stock
2017-02-20$46.48/sh−215$9,993→ 365 total
Holdings
- 987.818
Common Stock
Footnotes (4)
- [F1]Includes 621.8178 shares acquired (including 12.6560 shares acquired by dividend reinvestment) pursuant to the Company's Employee Stock Purchase Plan on May 31, 2016.
- [F2]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 February 20, 2017.
- [F3]Shares withheld by the Company to satisfy tax withholding requirements.
- [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 February 20, 2016, one-third of these restricted stock units vested on February 20, 2017 and the remaining one-third of these restricted stock units vest on February 20, 2018, assuming continued employment through the applicable vesting date.