4//SEC Filing
Hill Mark E 4
Accession 0001395942-22-000046
CIK 0001395942other
Filed
Jun 5, 8:00 PM ET
Accepted
Jun 6, 6:09 PM ET
Size
6.0 KB
Accession
0001395942-22-000046
Insider Transaction Report
Form 4
Hill Mark E
Director
Transactions
- Award
Phantom Stock
2022-06-02$16.60/sh+7,832$130,011→ 69,605.923 total→ Common Stock (7,832 underlying)
Footnotes (3)
- [F1]The phantom stock will convert into shares of KAR common stock on a one-for-one basis.
- [F2]Represents director fees deferred in the reporting person's account in the KAR Auction Services, Inc. Directors Deferred Compensation Plan (including 2,997,1927 shares of phantom stock acquired by dividend reinvestment). 7,832 shares of phantom stock vest on June 2, 2023, and are subject to forfeiture until vested. All other shares of phantom stock are vested.
- [F3]The reporting person will receive shares of KAR common stock, on a one-for-one basis, at a future date(s) specified by him subject to the terms and conditions of the KAR Auction Services, Inc. Directors Deferred Compensation Plan.
Documents
Issuer
KAR Auction Services, Inc.
CIK 0001395942
Entity typeother
Related Parties
1- filerCIK 0001291222
Filing Metadata
- Form type
- 4
- Filed
- Jun 5, 8:00 PM ET
- Accepted
- Jun 6, 6:09 PM ET
- Size
- 6.0 KB