4//SEC Filing
KAR Auction Services, Inc. 4
Accession 0001395942-17-000031
$KARCIK 0001395942operating
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 8:58 PM ET
Size
12.1 KB
Accession
0001395942-17-000031
Insider Transaction Report
Form 4
Vignes David
EVP of Enterprise Optimization
Transactions
- Tax Payment
Common Stock
2017-02-20$46.48/sh−196$9,110→ 384 total - 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
Holdings
- 1,012.818
Common Stock
- 14,525
Employee Stock Option (right to buy)
Exercise: $18.80Exp: 2021-05-05→ Common Stock (14,525 underlying) - 48,725
Employee Stock Option (right to buy)
Exercise: $13.46Exp: 2020-03-01→ Common Stock (48,725 underlying)
Footnotes (5)
- [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 options are currently exercisable.
- [F5]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.
Documents
Issuer
KAR Auction Services, Inc.
CIK 0001395942
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001395942
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 8:58 PM ET
- Size
- 12.1 KB