Skuy Benjamin 4
4 · KAR Auction Services, Inc. · Filed Feb 23, 2022
Insider Transaction Report
Form 4
Skuy Benjamin
EVP of International Markets
Transactions
- Exercise/Conversion
Common Stock
2022-02-21+1,369→ 117,993 total - Tax Payment
Common Stock
2022-02-22$13.83/sh−344$4,758→ 117,557 total - Exercise/Conversion
Restricted Stock Units
2022-02-22−641→ 0 total→ Common Stock (641 underlying) - Exercise/Conversion
Restricted Stock Units
2022-02-21−1,369→ 1,370 total→ Common Stock (1,369 underlying) - Tax Payment
Common Stock
2022-02-21$13.97/sh−733$10,240→ 117,260 total - Exercise/Conversion
Common Stock
2022-02-22+641→ 117,901 total - Exercise/Conversion
Common Stock
2022-02-22+4,222.233→ 121,779.233 total - Tax Payment
Common Stock
2022-02-22$13.83/sh−2,261$31,270→ 119,518.233 total - Exercise/Conversion
Restricted Stock Units
2022-02-22−4,222.233→ 0 total→ Common Stock (4,222.233 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: 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.
- [F8]These restricted stock units were subject to a time-vesting requirement and vested and settled in common stock on February 22, 2022.