Home/Filings/4/0001395942-20-000085
4//SEC Filing

HOWELL J MARK 4

Accession 0001395942-20-000085

CIK 0001395942other

Filed

Jun 7, 8:00 PM ET

Accepted

Jun 8, 6:10 PM ET

Size

7.4 KB

Accession

0001395942-20-000085

Insider Transaction Report

Form 4
Period: 2020-06-04
Transactions
  • Award

    Phantom Stock

    2020-06-04$15.80/sh+8,228$130,00222,037 total
    Common Stock (8,228 underlying)
Holdings
  • Phantom Stock

    Common Stock (1,547.296 underlying)
    1,547.296
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. 8,228 shares of phantom stock vest on June 4, 2021, 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 are vested.

Issuer

KAR Auction Services, Inc.

CIK 0001395942

Entity typeother

Related Parties

1
  • filerCIK 0001239889

Filing Metadata

Form type
4
Filed
Jun 7, 8:00 PM ET
Accepted
Jun 8, 6:10 PM ET
Size
7.4 KB