4//SEC Filing
KAR Auction Services, Inc. 4
Accession 0001395942-17-000079
$KARCIK 0001395942operating
Filed
Jun 6, 8:00 PM ET
Accepted
Jun 7, 8:51 PM ET
Size
7.7 KB
Accession
0001395942-17-000079
Insider Transaction Report
Form 4
ECTON DONNA R
Director
Transactions
- Award
Phantom Stock
2017-06-05$44.34/sh+2,594$115,018→ 13,013 total→ Common Stock (2,594 underlying)
Holdings
- 716.14
Phantom Stock
→ Common Stock (716.14 underlying)
Footnotes (4)
- [F1]The phantom stock will convert into shares of KAR common stock on a one-for-one basis.
- [F2]Represents director fees deferred in the reporting person's account in the KAR Auction Services, Inc. Directors Deferred Compensation Plan. 2,594 shares of phantom stock were granted on June 5, 2017 at a price of $44.34 per share pursuant to the KAR Auction Services, Inc. 2009 Omnibus Stock and Incentive Plan and will be settled only for shares of KAR common stock on a one-for-one basis. One-fourth of this grant vests every three months from the date of the grant and such grant is subject to forfeiture until vested. All other shares of phantom stock are vested.
- [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 subject to the terms and conditions of the KAR Auction Services, Inc. Directors Deferred Compensation Plan.
- [F4]Reflects the reinvestment of dividend equivalents in additional shares of phantom stock pursuant to the KAR Auction Services, Inc. Directors Deferred Compensation Plan. All such 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
- Jun 6, 8:00 PM ET
- Accepted
- Jun 7, 8:51 PM ET
- Size
- 7.7 KB