4//SEC Filing
Money James E. II 4
Accession 0001395942-22-000015
CIK 0001395942other
Filed
Feb 22, 7:00 PM ET
Accepted
Feb 23, 9:55 PM ET
Size
19.3 KB
Accession
0001395942-22-000015
Insider Transaction Report
Form 4
Money James E. II
AFC President
Transactions
- Tax Payment
Common Stock
2022-02-22$13.83/sh−1,203$16,637→ 29,269.389 total - Exercise/Conversion
Common Stock
2022-02-21+1,403→ 26,179.389 total - Exercise/Conversion
Common Stock
2022-02-22+4,206→ 30,472.389 total - Exercise/Conversion
Restricted Stock Units
2022-02-21−1,403→ 1,410 total→ Common Stock (1,403 underlying) - Tax Payment
Common Stock
2022-02-21$13.97/sh−369$5,155→ 25,810.389 total - Exercise/Conversion
Restricted Stock Units
2022-02-22−639→ 0 total→ Common Stock (639 underlying) - Exercise/Conversion
Common Stock
2022-02-22+639→ 26,449.389 total - Tax Payment
Common Stock
2022-02-22$13.83/sh−183$2,531→ 26,266.389 total - Exercise/Conversion
Restricted Stock Units
2022-02-22−4,206→ 0 total→ Common Stock (4,206 underlying)
Footnotes (7)
- [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]Shares withheld by the Company to satisfy tax withholding requirements.
- [F3]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.
- [F4]Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis.
- [F5]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.
- [F6]These restricted stock units remain subject to a time-vesting requirement and are scheduled to vest and settle in common stock as follows: 1,403 of these restricted stock units vested on February 21, 2021, 1,403 of these restricted stock units vested on February 21, 2022 and the remaining 1,410 of these restricted stock units vest on February 21, 2023, assuming continued employment through the applicable vesting date.
- [F7]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 0001678215
Filing Metadata
- Form type
- 4
- Filed
- Feb 22, 7:00 PM ET
- Accepted
- Feb 23, 9:55 PM ET
- Size
- 19.3 KB