4//SEC Filing
Gottwald Donald S. 4
Accession 0001395942-20-000047
CIK 0001395942other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 5:54 PM ET
Size
13.7 KB
Accession
0001395942-20-000047
Insider Transaction Report
Form 4
Gottwald Donald S.
President and CEO of AFC
Transactions
- Exercise/Conversion
Common Stock
2020-03-02+1,572→ 57,358.181 total - Tax Payment
Common Stock
2020-03-02$20.21/sh−686$13,864→ 56,672.181 total - Exercise/Conversion
Restricted Stock Units
2020-03-02−1,572→ 1,573 total→ Common Stock (1,572 underlying)
Holdings
- 7,290.287
Restricted Stock Units
→ Common Stock (7,290.287 underlying) - 2,214
Restricted Stock Units
→ Common Stock (2,214 underlying) - 14,708.62
Restricted Stock Units
→ Common Stock (14,708.62 underlying)
Footnotes (8)
- [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 March 2, 2020.
- [F2]Includes 3,966.2876 shares acquired 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.
- [F5]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 March 2, 2019, one-third of these restricted stock units vested on March 2, 2020 and the remaining one-third of these restricted stock units vest on March 2, 2021, assuming continued employment through the applicable vesting date.
- [F6]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 22, 2020, one-third of these restricted stock units vest on February 22, 2021 and the remaining one-third of these restricted stock units vest on February 22, 2022, assuming continued employment through the applicable vesting date.
- [F7]These restricted stock units remain subject to a time-vesting requirement and are scheduled to vest and settle in common stock on March 2, 2021, assuming continued employment through the applicable vesting date.
- [F8]These restricted stock units remain subject to a time-vesting requirement and are scheduled to vest and settle in common stock on February 22, 2022, assuming continued employment through the applicable vesting date.
Documents
Issuer
KAR Auction Services, Inc.
CIK 0001395942
Entity typeother
Related Parties
1- filerCIK 0001478000
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 5:54 PM ET
- Size
- 13.7 KB