4//SEC Filing
Smith Stephen E. 4
Accession 0001395942-18-000085
CIK 0001395942other
Filed
Jun 5, 8:00 PM ET
Accepted
Jun 6, 5:36 PM ET
Size
8.2 KB
Accession
0001395942-18-000085
Insider Transaction Report
Form 4
Smith Stephen E.
Director
Transactions
- Award
Common Stock
2018-06-04$53.75/sh+2,140$115,025→ 7,689 total
Holdings
- 7,464
Phantom Stock
→ Common Stock (7,464 underlying) - 855.909
Phantom Stock
→ Common Stock (855.909 underlying)
Footnotes (5)
- [F1]2,140 of these shares were issued on June 4, 2018 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 2,140 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 him 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 0001594777
Filing Metadata
- Form type
- 4
- Filed
- Jun 5, 8:00 PM ET
- Accepted
- Jun 6, 5:36 PM ET
- Size
- 8.2 KB