4//SEC Filing
HALLETT JAMES P 4
Accession 0001395942-22-000019
CIK 0001395942other
Filed
Feb 22, 7:00 PM ET
Accepted
Feb 23, 9:59 PM ET
Size
19.4 KB
Accession
0001395942-22-000019
Insider Transaction Report
Form 4
HALLETT JAMES P
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2022-02-22−45,490.191→ 0 total→ Common Stock (45,490.191 underlying) - Exercise/Conversion
Common Stock
2022-02-22+6,676→ 496,782.682 total - Tax Payment
Common Stock
2022-02-22$13.83/sh−2,753$38,074→ 494,029.682 total - Exercise/Conversion
Common Stock
2022-02-21+14,122→ 493,811.682 total - Tax Payment
Common Stock
2022-02-21$13.97/sh−3,705$51,759→ 490,106.682 total - Exercise/Conversion
Common Stock
2022-02-22+45,490.191→ 539,519.873 total - Award
Common Stock
2022-02-22$13.83/sh−13,378$185,018→ 526,141.873 total - Exercise/Conversion
Restricted Stock Units
2022-02-22−6,676→ 0 total→ Common Stock (6,676 underlying) - Exercise/Conversion
Restricted Stock Units
2022-02-21−14,122→ 14,122 total→ Common Stock (14,122 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, assuming continued employment through the applicable vesting date.
- [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 are scheduled to vest and settle in common stock on February 22, 2022.
Documents
Issuer
KAR Auction Services, Inc.
CIK 0001395942
Entity typeother
Related Parties
1- filerCIK 0001194732
Filing Metadata
- Form type
- 4
- Filed
- Feb 22, 7:00 PM ET
- Accepted
- Feb 23, 9:59 PM ET
- Size
- 19.4 KB