KAR Auction Services, Inc. 4
4 · KAR Auction Services, Inc. · Filed Feb 22, 2017
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.