4//SEC Filing
Davis Justin T. 4
Accession 0001395942-21-000067
CIK 0001395942other
Filed
Jun 7, 8:00 PM ET
Accepted
Jun 8, 8:54 PM ET
Size
8.0 KB
Accession
0001395942-21-000067
Insider Transaction Report
Form 4
Davis Justin T.
President of BacklotCars
Transactions
- Award
Employee Stock Option (right to buy)
2021-06-04+39,139→ 39,139 totalExercise: $18.23Exp: 2031-06-04→ Common Stock (39,139 underlying) - Award
Employee Stock Option (right to buy)
2021-06-04+156,556→ 156,556 totalExercise: $18.23Exp: 2031-06-04→ Common Stock (156,556 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.
Documents
Issuer
KAR Auction Services, Inc.
CIK 0001395942
Entity typeother
Related Parties
1- filerCIK 0001866111
Filing Metadata
- Form type
- 4
- Filed
- Jun 7, 8:00 PM ET
- Accepted
- Jun 8, 8:54 PM ET
- Size
- 8.0 KB