4//SEC Filing
Jacoby Stefan 4
Accession 0001395942-19-000066
CIK 0001395942other
Filed
Jun 4, 8:00 PM ET
Accepted
Jun 5, 6:05 PM ET
Size
6.1 KB
Accession
0001395942-19-000066
Insider Transaction Report
Form 4
Jacoby Stefan
Director
Transactions
- Award
Phantom Stock
2019-06-04$58.31/sh+2,230$130,031→ 2,230 total→ Common Stock (2,230 underlying)
Footnotes (3)
- [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. 2,230 shares of phantom stock were granted on June 4, 2019 at a price of $58.31 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. This grant vests on June 4, 2020, and is subject to forfeiture until 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 him subject to the terms and conditions of the KAR Auction Services, Inc. Directors Deferred Compensation Plan.
Documents
Issuer
KAR Auction Services, Inc.
CIK 0001395942
Entity typeother
Related Parties
1- filerCIK 0001583553
Filing Metadata
- Form type
- 4
- Filed
- Jun 4, 8:00 PM ET
- Accepted
- Jun 5, 6:05 PM ET
- Size
- 6.1 KB