Subrahmanyam Sriram 4
4 · KAR Auction Services, Inc. · Filed Feb 22, 2023
Insider Transaction Report
Form 4
Subrahmanyam Srisu
Pres KAR Svcs Group, EVP Ops
Transactions
- Tax Payment
Common Stock
2023-02-21$14.12/sh−311$4,391→ 24,953.349 total - Exercise/Conversion
Restricted Stock Units
2023-02-21−1,124→ 0 total→ Common Stock (1,124 underlying) - Exercise/Conversion
Common Stock
2023-02-21+1,124→ 25,264.349 total
Footnotes (5)
- [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, 2023.
- [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.
- [F5]These restricted stock units were subject to a time-vesting requirement and vested and settled in common stock on February 21, 2023.