4//SEC Filing
HOWELL J MARK 4
Accession 0001395942-20-000064
CIK 0001395942other
Filed
Apr 6, 8:00 PM ET
Accepted
Apr 7, 6:41 PM ET
Size
7.5 KB
Accession
0001395942-20-000064
Insider Transaction Report
Form 4
HOWELL J MARK
Director
Transactions
- Award
Phantom Stock
2020-04-03$9.50/sh+301.103$2,860→ 1,547.296 total→ Common Stock (301.103 underlying)
Holdings
- 13,809
Phantom Stock
→ Common Stock (13,809 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 KAR Auction Services, Inc. Directors Deferred Compensation Plan, of which all shares except 338.147 are vested. The 338.147 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 0001239889
Filing Metadata
- Form type
- 4
- Filed
- Apr 6, 8:00 PM ET
- Accepted
- Apr 7, 6:41 PM ET
- Size
- 7.5 KB