Filing Details

Accession Number:
0001395942-16-000262
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-02-23 17:12:35
Reporting Period:
2016-02-20
Filing Date:
2016-02-23
Accepted Time:
2016-02-23 17:12:35
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
1477999 J. Thomas Caruso C/O: Kar Auction Services, Inc.
13085 Hamilton Crossing Boulevard
Carmel IN 46032
Chief Client Officer 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 2016-02-20 507 $0.00 507 No 4 M Direct
Common Stock Disposition 2016-02-20 192 $33.90 315 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2016-02-20 507 $0.00 507 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,012 No 4 M 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) $13.46 2020-03-01 33,585 33,585 Direct
Common Stock Employee Stock Option (right to buy) $14.44 2021-02-25 25,000 25,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2018-08-19 10,275 10,275 Direct
2020-03-01 33,585 33,585 Direct
2021-02-25 25,000 25,000 Direct
Footnotes
  1. Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. The restricted stock units vested in common stock on 2/20/16.
  2. Shares withheld by the Company to satisfy minimum tax withholding requirements.
  3. All shares are currently exercisable.
  4. These restricted stock units remain subject to a time-vesting requirement and are scheduled to vest and settle in common stock as follows: one-third of these restricted stock units vest on 2/20/2016, one-third of these restricted stock units vest on 2/20/2017 and the remaining one-third of these restricted stock units vest on 2/20/2018, assuming continued employment through the applicable vesting date.