Filing Details
- Accession Number:
- 0001181431-10-041232
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-08-10 13:00:00
- Reporting Period:
- 2010-08-06
- Filing Date:
- 2010-08-10
- Accepted Time:
- 2010-08-10 16:54:05
- 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 |
---|---|---|---|---|---|---|---|
1196038 | C Thomas Obrien | C/O Kar Auction Services, Inc. 13085 Hamilton Crossing Blvd. Carmel IN 46032 | President And Ceo Of Iaai | Yes | 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 | 2010-08-06 | 264,672 | $3.52 | 264,672 | No | 4 | M | Direct | |
Common Stock | Disposition | 2010-08-06 | 300 | $12.19 | 264,372 | No | 4 | S | Direct | |
Common Stock | Disposition | 2010-08-06 | 100 | $12.16 | 264,272 | No | 4 | S | Direct | |
Common Stock | Disposition | 2010-08-06 | 982 | $12.15 | 263,290 | No | 4 | S | Direct | |
Common Stock | Disposition | 2010-08-06 | 100 | $12.14 | 263,190 | No | 4 | S | Direct | |
Common Stock | Disposition | 2010-08-06 | 600 | $12.14 | 262,590 | No | 4 | S | Direct | |
Common Stock | Disposition | 2010-08-06 | 400 | $12.13 | 262,190 | No | 4 | S | Direct | |
Common Stock | Disposition | 2010-08-06 | 14,916 | $12.12 | 247,274 | No | 4 | S | Direct | |
Common Stock | Disposition | 2010-08-06 | 91,988 | $12.11 | 155,286 | No | 4 | S | Direct | |
Common Stock | Disposition | 2010-08-06 | 154,003 | $12.10 | 1,283 | No | 4 | S | Direct | |
Common Stock | Disposition | 2010-08-06 | 1,283 | $12.09 | 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 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | 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 | 2010-08-06 | 264,672 | $0.00 | 264,672 | $3.52 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2012-12-16 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 27,930 | Indirect | By KAR Holdings II, LLC |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Employee Stock Option (right to buy) | $3.14 | 2013-11-14 | 249,056 | 249,056 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2013-11-14 | 249,056 | 249,056 | Direct |
Footnotes
- Includes (i) 25,920 shares of common stock held of record by KAR Holdings II, LLC (which are attributable to Axle Holdings II, LLC), by virtue of the reporting person's common ownership interest in Axle Holdings II, LLC and (ii) 2,010 shares of common stock held of record by KAR Holdings II, LLC, by virtue of the reporting person's common ownership interest in KAR Holdings II, LLC. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- The option became exercisable as to 88,224 shares on December 16, 2003, as to 88,224 shares on December 16, 2004 and as to 88,224 shares on February 25, 2005.
- The option became exercisable as to 83,018 shares on November 14, 2004 and as to 166,037 shares on May 25, 2005.