Home/Filings/4/0001395942-19-000121
4//SEC Filing

DiDomenico David 4

Accession 0001395942-19-000121

CIK 0001395942other

Filed

Nov 11, 7:00 PM ET

Accepted

Nov 12, 5:43 PM ET

Size

6.1 KB

Accession

0001395942-19-000121

Insider Transaction Report

Form 4
Period: 2019-11-08
Transactions
  • Award

    Phantom Stock

    2019-11-08$21.50/sh+3,839$82,5393,839 total
    Common Stock (3,839 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. 3,839 shares of phantom stock were granted on November 8, 2019 at a price of $21.50 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.

Issuer

KAR Auction Services, Inc.

CIK 0001395942

Entity typeother

Related Parties

1
  • filerCIK 0001791883

Filing Metadata

Form type
4
Filed
Nov 11, 7:00 PM ET
Accepted
Nov 12, 5:43 PM ET
Size
6.1 KB