4//SEC Filing
Jolliffe Lynn 4
Accession 0001395942-17-000109
CIK 0001395942other
Filed
Oct 4, 8:00 PM ET
Accepted
Oct 5, 4:53 PM ET
Size
8.2 KB
Accession
0001395942-17-000109
Insider Transaction Report
Form 4
Jolliffe Lynn
Director
Transactions
- Award
Phantom Stock
2017-10-03$48.50/sh+41.535$2,014→ 548.646 total→ Common Stock (41.535 underlying)
Holdings
- 5,549
Common Stock
- 5,788
Phantom Stock
→ Common Stock (5,788 underlying)
Footnotes (5)
- [F1]2,594 of these shares were issued on June 5, 2017 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 2,594 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 subject to the terms and conditions of the KAR Auction Services, Inc. Directors 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. All shares are vested.
Documents
Issuer
KAR Auction Services, Inc.
CIK 0001395942
Entity typeother
Related Parties
1- filerCIK 0001401053
Filing Metadata
- Form type
- 4
- Filed
- Oct 4, 8:00 PM ET
- Accepted
- Oct 5, 4:53 PM ET
- Size
- 8.2 KB