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
- 285 shares were exercised on 12/17/13 and 6,715 shares were exercised on 12/18/13.
- 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.
Billionaire Hedge Funds
