4//SEC Filing
Hammer John C 4
Accession 0001395942-21-000040
CIK 0001395942other
Filed
Mar 7, 7:00 PM ET
Accepted
Mar 8, 6:51 PM ET
Size
8.0 KB
Accession
0001395942-21-000040
Insider Transaction Report
Form 4
Hammer John C
President and CEO of AFC
Transactions
- Award
Employee Stock Option (right to buy)
2021-03-04+39,526→ 39,526 totalExercise: $13.81Exp: 2031-03-04→ Common Stock (39,526 underlying) - Award
Employee Stock Option (right to buy)
2021-03-04+158,103→ 158,103 totalExercise: $13.81Exp: 2031-03-04→ Common Stock (158,103 underlying)
Footnotes (2)
- [F1]These options were granted on March 4, 2021 and will vest and become exercisable in equal installments on each of the first four anniversaries of the grant date, subject to continued employment through such vesting date.
- [F2]These options were granted on March 4, 2021 and will become eligible to vest and become exercisable in equal 25% increments, each upon the later of the occurrence of the first four anniversaries of the grant date, respectively, and the attainment of the closing price of the Company's common stock at or above, for each respective 25% increment, $18.81, $23.81, $28.81, and $33.81, for twenty consecutive trading days, subject to continued employment through such vesting date.
Documents
Issuer
KAR Auction Services, Inc.
CIK 0001395942
Entity typeother
Related Parties
1- filerCIK 0001605023
Filing Metadata
- Form type
- 4
- Filed
- Mar 7, 7:00 PM ET
- Accepted
- Mar 8, 6:51 PM ET
- Size
- 8.0 KB