Filing Details
- Accession Number:
- 0001395942-15-000048
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-03-16 15:50:06
- Reporting Period:
- 2015-03-16
- Filing Date:
- 2015-03-16
- Accepted Time:
- 2015-03-16 15:50:06
- 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 |
---|---|---|---|---|---|---|---|
1532010 | Kelly Peter | C/O: Kar Auction Services, Inc. 13085 Hamilton Crossing Blvd. Carmel IN 46032 | Cto & Pres Of Digital Srvs Grp | 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 | 2015-03-16 | 15,000 | $12.97 | 15,000 | No | 4 | M | Direct | |
Common Stock | Disposition | 2015-03-16 | 15,000 | $36.68 | 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 | 2015-03-16 | 15,000 | $12.97 | 15,000 | $12.97 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
290,000 | 2021-11-04 | No | 4 | A | Direct |
Footnotes
- These options are service options that vest based upon the passage of time and the reporting person's continued service with the company. 202,500 of these options are currently exercisable and the remaining 87,500 become exercisable on 11/4/2015.
- 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 above are satisfied.