4//SEC Filing
Subrahmanyam Srisu 4
Accession 0001395942-22-000075
CIK 0001395942other
Filed
Dec 12, 7:00 PM ET
Accepted
Dec 13, 3:55 PM ET
Size
5.7 KB
Accession
0001395942-22-000075
Insider Transaction Report
Form 4
Subrahmanyam Srisu
Pres KAR Svcs Group, EVP Ops
Transactions
- Award
Restricted Stock Units
2022-12-09+60,000→ 60,000 total→ Common Stock (60,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis.
- [F2]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 vest on May 9, 2023, one-third of these restricted stock units vest on May 9, 2024 and the remaining one-third of these restricted stock units vest on May 9, 2025, assuming continued employment through the applicable vesting date.
Documents
Issuer
KAR Auction Services, Inc.
CIK 0001395942
Entity typeother
Related Parties
1- filerCIK 0001929661
Filing Metadata
- Form type
- 4
- Filed
- Dec 12, 7:00 PM ET
- Accepted
- Dec 13, 3:55 PM ET
- Size
- 5.7 KB