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