Filing Details

Accession Number:
0001395942-13-000029
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-10-08 15:57:45
Reporting Period:
2013-10-07
Filing Date:
2013-10-08
Accepted Time:
2013-10-08 15:57:45
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1395942 Kar Auction Services Inc. KAR Retail-Auto Dealers & Gasoline Stations (5500) 208744739
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1478000 S. Donald Gottwald C/O: Kar Auction Services, Inc.
13085 Hamilton Crossing Blvd.
Carmel IN 46032
Ceo Of Afc No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2013-10-07 7,000 $10.00 7,000 No 4 M Direct
Common Stock Disposition 2013-10-07 7,000 $28.46 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (right to buy) Disposition 2013-10-07 5,880 $10.00 5,880 $10.00
Common Stock Employee Stock Option (right to buy) Disposition 2013-10-07 1,120 $10.00 1,120 $10.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2019-05-06 No 4 M Direct
236,270 2019-05-06 No 4 M Direct
Footnotes
  1. 5,880 of these options are service options that are fully vested.
  2. 117,575 of these options are performance options that are currently exercisable. 59,347 of these options vest if the closing price of a share of the Company's common stock exceeds $30.00 for twenty (20) consecutive trading days and 59,348 of these options vest if the closing price of a share of the Company's common stock exceeds $35.00 for twenty (20) consecutive trading days.