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
  1. 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.
  2. 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.
  3. The option became exercisable as to 83,018 shares on November 14, 2004 and as to 166,037 shares on May 25, 2005.