Filing Details

Accession Number:
0001395942-15-000026
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-02-03 09:17:58
Reporting Period:
2015-02-02
Filing Date:
2015-02-03
Accepted Time:
2015-02-03 09:17:58
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
1478002 David Vignes C/O: Kar Auction Services, Inc.
13085 Hamilton Crossing Blvd.
Carmel IN 46032
Evp Of Enterprise Optimization 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 2015-02-02 10,000 $18.80 10,000 No 4 M Direct
Common Stock Disposition 2015-02-02 10,000 $34.10 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 2015-02-02 10,000 $18.80 10,000 $18.80
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
34,525 2021-05-05 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 5,000 Direct
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) $16.68 2018-08-19 10,275 10,275 Direct
Common Stock Employee Stock Option (right to buy) $10.00 2017-08-20 19,785 19,785 Direct
Common Stock Employee Stock Option (right to buy) $13.46 2020-03-01 67,170 67,170 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2018-08-19 10,275 10,275 Direct
2017-08-20 19,785 19,785 Direct
2020-03-01 67,170 67,170 Direct
Footnotes
  1. 10,275 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.
  2. An additional condition to vesting is that the reporting person must be a director, officer, employee, consultant or agent of the Company or any of its subsidiaries on the date on which the conditions set forth above are satisfied.
  3. 19,785 of these performance options will vest if the closing price of a share of the Company's common stock exceeds $35.00 for twenty (20) consecutive trading days.
  4. 22,025 of these options are service options that are currently exercisable. 12,500 become exercisable on 5/5/2015.
  5. 50,377 of these options are performance options that are currently exercisable and 16,793 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.