Filing Details

Accession Number:
0001395942-13-000085
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-12-19 17:05:36
Reporting Period:
2013-12-17
Filing Date:
2013-12-19
Accepted Time:
2013-12-19 17:05:36
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 2013-12-17 285 $10.00 285 No 4 M Direct
Common Stock Disposition 2013-12-17 285 $28.95 0 No 4 S Direct
Common Stock Acquisiton 2013-12-18 6,715 $10.00 6,715 No 4 M Direct
Common Stock Disposition 2013-12-18 6,715 $28.95 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
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 2013-12-17 7,000 $10.00 7,000 $10.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
222,270 2019-05-06 No 4 M Direct
Footnotes
  1. 285 shares were exercised on 12/17/13 and 6,715 shares were exercised on 12/18/13.
  2. 103,575 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.