4//SEC Filing
Smith Stephen E. 4
Accession 0001395942-20-000063
CIK 0001395942other
Filed
Apr 6, 8:00 PM ET
Accepted
Apr 7, 6:40 PM ET
Size
8.1 KB
Accession
0001395942-20-000063
Insider Transaction Report
Form 4
Smith Stephen E.
Director
Transactions
- Award
Phantom Stock
2020-04-03$9.50/sh+220.012$2,090→ 1,526.65 total→ Common Stock (220.012 underlying)
Holdings
- 7,689
Common Stock
- 9,694
Phantom Stock
→ Common Stock (9,694 underlying)
Footnotes (4)
- [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 vest on June 4, 2020, and are subject to forfeiture until vested. All other shares of phantom stock are 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.
- [F4]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 except 257.056 are vested. The 257.056 shares vest on June 4, 2020 and are subject to forfeiture until vested.
Documents
Issuer
KAR Auction Services, Inc.
CIK 0001395942
Entity typeother
Related Parties
1- filerCIK 0001594777
Filing Metadata
- Form type
- 4
- Filed
- Apr 6, 8:00 PM ET
- Accepted
- Apr 7, 6:40 PM ET
- Size
- 8.1 KB