4//SEC Filing
Hammer John C 4
Accession 0001395942-21-000024
CIK 0001395942other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 5:32 PM ET
Size
20.6 KB
Accession
0001395942-21-000024
Insider Transaction Report
Form 4
Hammer John C
President and CEO of AFC
Transactions
- Exercise/Conversion
Common Stock
2021-03-02+1,733→ 12,719.333 total - Tax Payment
Common Stock
2021-03-02$13.99/sh−423$5,918→ 12,296.333 total - Exercise/Conversion
Common Stock
2021-03-02+16,206→ 28,502.333 total - Tax Payment
Common Stock
2021-03-02$13.99/sh−3,947$55,219→ 24,555.333 total - Exercise/Conversion
Restricted Stock Units
2021-03-02−1,733→ 0 total→ Common Stock (1,733 underlying) - Exercise/Conversion
Restricted Stock Units
2021-03-02−16,206→ 0 total→ Common Stock (16,206 underlying)
Holdings
- 1,993
Restricted Stock Units
→ Common Stock (1,993 underlying) - 284
Restricted Stock Units
→ Common Stock (284 underlying) - 14,991.892
Restricted Stock Units
→ Common Stock (14,991.892 underlying) - 6,143
Restricted Stock Units
→ Common Stock (6,143 underlying)
Footnotes (10)
- [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, 2021.
- [F10]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 21, 2021, one-third of these restricted stock units vest on February 21, 2022 and the remaining one-third of these restricted stock units vest on February 21, 2023, assuming continued employment through the applicable vesting date.
- [F2]Includes 2,083.333 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 vested on March 2, 2021.
- [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 vested 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 as follows: one-third of these restricted stock units vested on March 1, 2020, one-third of these restricted stock units vested on March 1, 2021 and the remaining one-third of these restricted stock units vest on March 1, 2022, assuming continued employment through the applicable vesting date.
- [F8]These restricted stock units remain subject to a time-vesting requirement and vested and settled in common stock on March 2, 2021.
- [F9]These restricted stock units remain subject to a time-vesting requirement and 13,122.663 restricted stock units are scheduled to vest and settle in common stock on February 22, 2022 and the remaining 1,869.230 restricted stock units are scheduled to vest and settle in common stock on March 1, 2022, assuming continued employment through the applicable vesting dates.
Documents
Issuer
KAR Auction Services, Inc.
CIK 0001395942
Entity typeother
Related Parties
1- filerCIK 0001605023
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 5:32 PM ET
- Size
- 20.6 KB