Home > Insider Trading > Filing (0001395942-16-000301)

Filing Details

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	Disposition	2016-05-20	5,429	$40.55	0	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	391	Direct

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	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)	$18.80	2021-05-05	14,525	14,525	Direct
Common Stock	Employee Stock Option (right to buy)	$13.46	2020-03-01	67,170	67,170	Direct
Common Stock	Restricted Stock Units	$0.00		1,161	1,161	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
2021-05-05	14,525	14,525	Direct
2020-03-01	67,170	67,170	Direct
	1,161	1,161	Direct

Footnotes

429.3690 of these shares were purchased in various de minimis transactions (the reinvestment of cash dividends) between December 28, 2012 and April 2, 2015, and were inadvertently omitted from the reporting person's prior Form 4s during such period.
These options are currently exercisable.
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.
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 vested 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.