4//SEC Filing
KAR Auction Services, Inc. 4
Accession 0001628280-17-000188
$KARCIK 0001395942operating
Filed
Jan 9, 7:00 PM ET
Accepted
Jan 10, 9:54 PM ET
Size
7.9 KB
Accession
0001628280-17-000188
Insider Transaction Report
Form 4
BOURELL TODD F
Director
Transactions
- Award
Common Stock
2017-01-06$44.61/sh+41.13$1,835→ 199.897 total→ Common Stock (41.13 underlying)
Holdings
- 5,575
Common Stock
→ Common Stock (5,575 underlying)
Footnotes (5)
- [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. Shares of restricted stock were granted on June 8, 2016 at a price of $41.30 per share and will be settled only for shares of KAR common stock on a one-for-one basis. These shares of restricted stock were granted pursuant to the KAR Auction Services, Inc. 2009 Omnibus Stock and Incentive Plan and one-fourth of the grant vests every three months from the date of the grant and such grant is subject to forfeiture until 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 pursuant to the deferred compensation plan.
- [F4]Reflects the reinvestment of dividend equivalents in additional shares of phantom stock pursuant to the terms of the KAR Auction Services, Inc. Directors Deferred Compensation Plan.
- [F5]Reflects dividend payment of which 167.5564 shares are vested and the remaining shares will vest as follows: 16.1701 shares vest on March 7, 2017 and the remaining 16.1702 shares vest on June 7, 2017.
Documents
Issuer
KAR Auction Services, Inc.
CIK 0001395942
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001395942
Filing Metadata
- Form type
- 4
- Filed
- Jan 9, 7:00 PM ET
- Accepted
- Jan 10, 9:54 PM ET
- Size
- 7.9 KB