4//SEC Filing
Loughmiller Eric M. 4
Accession 0001395942-22-000011
CIK 0001395942other
Filed
Feb 22, 7:00 PM ET
Accepted
Feb 23, 9:44 PM ET
Size
19.4 KB
Accession
0001395942-22-000011
Insider Transaction Report
Form 4
Loughmiller Eric M.
EVP & CFO
Transactions
- Exercise/Conversion
Common Stock
2022-02-21+4,978→ 264,224.722 total - Exercise/Conversion
Common Stock
2022-02-22+16,038.485→ 280,733.207 total - Exercise/Conversion
Restricted Stock Units
2022-02-21−2,353→ 0 total→ Common Stock (2,353 underlying) - Exercise/Conversion
Common Stock
2022-02-22+2,353→ 265,247.722 total - Tax Payment
Common Stock
2022-02-21$13.97/sh−1,330$18,580→ 262,894.722 total - Tax Payment
Common Stock
2022-02-22$13.83/sh−553$7,648→ 264,694.722 total - Tax Payment
Common Stock
2022-02-22$13.83/sh−4,143$57,298→ 276,590.207 total - Exercise/Conversion
Restricted Stock Units
2022-02-21−4,978→ 5,008 total→ Common Stock (4,978 underlying) - Exercise/Conversion
Restricted Stock Units
2022-02-21−16,038.485→ 0 total→ Common Stock (16,038.485 underlying)
Footnotes (8)
- [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 February 21, 2022.
- [F2]Includes 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. The restricted stock units vested in common stock on February 22, 2022.
- [F5]Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis.
- [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 vested on February 22, 2022.
- [F7]These restricted stock units remain subject to a time-vesting requirement and are scheduled to vest and settle in common stock as follows: 4,979 of these restricted stock units vested on February 21, 2021, 4,978 of these restricted stock units vested on February 21, 2022 and the remaining 5,150 of these restricted stock units vest on February 21, 2023, assuming continued employment through the applicable vesting date.
- [F8]These restricted stock units were subject to a time-vesting requirement and vested and settled in common stock on February 22, 2022.
Documents
Issuer
KAR Auction Services, Inc.
CIK 0001395942
Entity typeother
Related Parties
1- filerCIK 0001478099
Filing Metadata
- Form type
- 4
- Filed
- Feb 22, 7:00 PM ET
- Accepted
- Feb 23, 9:44 PM ET
- Size
- 19.4 KB