0001395942-16-000350.txt : 20160908
0001395942-16-000350.hdr.sgml : 20160908
20160908180132
ACCESSION NUMBER: 0001395942-16-000350
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160906
FILED AS OF DATE: 20160908
DATE AS OF CHANGE: 20160908
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: KAR Auction Services, Inc.
CENTRAL INDEX KEY: 0001395942
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-AUTO DEALERS & GASOLINE STATIONS [5500]
IRS NUMBER: 208744739
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 13085 HAMILTON CROSSING BOULEVARD
CITY: CARMEL
STATE: IN
ZIP: 46032
BUSINESS PHONE: (800) 923-3725
MAIL ADDRESS:
STREET 1: 13085 HAMILTON CROSSING BOULEVARD
CITY: CARMEL
STATE: IN
ZIP: 46032
FORMER COMPANY:
FORMER CONFORMED NAME: KAR Holdings, Inc.
DATE OF NAME CHANGE: 20070409
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Peter Kelly
CENTRAL INDEX KEY: 0001532010
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34568
FILM NUMBER: 161877317
MAIL ADDRESS:
STREET 1: C/O KAR AUCTION SERVICES, INC.
STREET 2: 13085 HAMILTON CROSSING BLVD.
CITY: CARMEL
STATE: IN
ZIP: 46032
4
1
wf-form4_147337207972316.xml
FORM 4
X0306
4
2016-09-06
0
0001395942
KAR Auction Services, Inc.
KAR
0001532010
Peter Kelly
C/O: KAR AUCTION SERVICES, INC.
13085 HAMILTON CROSSING BLVD.
CARMEL
IN
46032
0
1
0
0
CTO & Pres of Digital Srvs Grp
Common Stock
1185.2961
D
Common Stock
2016-09-06
4
M
0
15000
12.97
A
15000
D
Common Stock
2016-09-06
4
S
0
15000
42.4558
D
0
D
Employee Stock Option (right to buy)
12.97
2016-09-06
4
A
0
15000
12.97
D
2021-11-04
Common Stock
15000.0
200000
D
Restricted Stock Units
Common Stock
1906.0
1906
D
Includes 591.2961 shares acquired pursuant to the Company's Employee Stock Purchase Plan on August 31, 2016.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.2350 to $42.6800 per share, inclusive. The reporting person undertakes to provide to KAR Auction Services, Inc., any security holder of KAR Auction Services, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
These service options are currently exercisable.
Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis.
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 will vest on 2/20/2017 and the remaining one-third of these restricted stock units will vest on 2/20/2018.
Rebecca C. Polak as Attorney-in-Fact
2016-09-08