St-Hilaire Stephane 4
4 · KAR Auction Services, Inc. · Filed Feb 26, 2018
Insider Transaction Report
Form 4
St. Hilaire Stephane
President and CEO of ADESA
Transactions
- Exercise/Conversion
Common Stock
2018-02-22+1,154→ 26,058.99 total - Tax Payment
Common Stock
2018-02-24$51.42/sh−426$21,905→ 26,258.99 total - Tax Payment
Common Stock
2018-02-22$50.87/sh−455$23,146→ 25,603.99 total - Exercise/Conversion
Restricted Stock Units
2018-02-22−1,154→ 1,155 total→ Common Stock (1,154 underlying) - Exercise/Conversion
Common Stock
2018-02-24+1,081→ 26,684.99 total - Exercise/Conversion
Restricted Stock Units
2018-02-24−1,081→ 2,160 total→ Common Stock (1,081 underlying)
Holdings
- 72,768
Employee Stock Option (right to buy)
Exercise: $13.46Exp: 2020-03-01→ Common Stock (72,768 underlying) - 38,884
Employee Stock Option (right to buy)
Exercise: $30.89Exp: 2024-02-27→ Common Stock (38,884 underlying)
Footnotes (9)
- [F1]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 22, 2018.
- [F2]Includes 1,199.1733 shares acquired (including 33.7188 shares acquired by dividend reinvestment) pursuant to the Company's Employee Stock Purchase Plan.
- [F3]Shares withheld by the Company to satisfy tax withholding requirements.
- [F4]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 24, 2018.
- [F5]29,163 of these options are currently exercisable and the remaining 9,721 options become exercisable on February 27, 2018, assuming continued employment through the applicable vesting date.
- [F6]All of these options are currently exercisable.
- [F7]Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis.
- [F8]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 23, 2017, one-third of these restricted stock units vested on February 22, 2018 and the remaining one-third of these restricted stock units vest on February 22, 2019, assuming continued employment through the applicable vesting date.
- [F9]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 24, 2018, one-third of these restricted stock units vest on February 24, 2019 and the remaining one-third of these restricted stock units vest on February 24, 2020, assuming continued employment through the applicable vesting date.