Skuy Benjamin 4
4 · KAR Auction Services, Inc. · Filed Jun 8, 2021
Insider Transaction Report
Form 4
Skuy Benjamin
EVP of International Markets
Transactions
- Award
Employee Stock Option (right to buy)
2021-06-04+20,900→ 20,900 totalExercise: $18.23Exp: 2031-06-04→ Common Stock (20,900 underlying) - Award
Employee Stock Option (right to buy)
2021-06-04+83,601→ 83,601 totalExercise: $18.23Exp: 2031-06-04→ Common Stock (83,601 underlying)
Footnotes (2)
- [F1]These options were granted on June 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 June 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, $23.23, $28.23, $33.23, and $38.23, for twenty consecutive trading days, subject to continued employment through such vesting date.