4//SEC Filing
St-Hilaire Stephane 4
Accession 0001395942-18-000045
CIK 0001395942other
Filed
Feb 25, 7:00 PM ET
Accepted
Feb 26, 8:58 PM ET
Size
17.5 KB
Accession
0001395942-18-000045
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.
Documents
Issuer
KAR Auction Services, Inc.
CIK 0001395942
Entity typeother
Related Parties
1- filerCIK 0001592827
Filing Metadata
- Form type
- 4
- Filed
- Feb 25, 7:00 PM ET
- Accepted
- Feb 26, 8:58 PM ET
- Size
- 17.5 KB