4//SEC Filing
Hammer John C 4
Accession 0001395942-22-000017
CIK 0001395942other
Filed
Feb 22, 7:00 PM ET
Accepted
Feb 23, 9:58 PM ET
Size
19.7 KB
Accession
0001395942-22-000017
Insider Transaction Report
Form 4
Hammer John C
President and CEO of AFC
Transactions
- Exercise/Conversion
Common Stock
2022-02-21+3,071→ 27,626.333 total - Exercise/Conversion
Common Stock
2022-02-21+1,993→ 28,871.333 total - Tax Payment
Common Stock
2022-02-21$13.83/sh−486$6,721→ 28,385.333 total - Exercise/Conversion
Restricted Stock Units
2022-02-21−3,071→ 3,072 total→ Common Stock (3,071 underlying) - Tax Payment
Common Stock
2022-02-21$13.97/sh−748$10,450→ 26,878.333 total - Exercise/Conversion
Common Stock
2022-02-21+13,124→ 41,509.333 total - Exercise/Conversion
Restricted Stock Units
2022-02-21−1,993→ 0 total→ Common Stock (1,993 underlying) - Tax Payment
Common Stock
2022-02-21$13.83/sh−3,197$44,215→ 38,312.333 total - Award
Restricted Stock Units
2022-02-21−13,124→ 1,867.892 total→ Common Stock (13,124 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 vested 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 remain subject to a time-vesting requirement and 13,124 restricted stock units vested and settled in common stock on February 22, 2022 and the remaining restricted stock units are scheduled to vest and settle in common stock on March 1, 2022, assuming continued employment through the applicable vesting dates.
Documents
Issuer
KAR Auction Services, Inc.
CIK 0001395942
Entity typeother
Related Parties
1- filerCIK 0001605023
Filing Metadata
- Form type
- 4
- Filed
- Feb 22, 7:00 PM ET
- Accepted
- Feb 23, 9:58 PM ET
- Size
- 19.7 KB