0001395942-18-000116.txt : 20180815 0001395942-18-000116.hdr.sgml : 20180815 20180815120404 ACCESSION NUMBER: 0001395942-18-000116 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180814 FILED AS OF DATE: 20180815 DATE AS OF CHANGE: 20180815 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Gottwald Donald S. CENTRAL INDEX KEY: 0001478000 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34568 FILM NUMBER: 181020272 MAIL ADDRESS: STREET 1: 13085 HAMILTON CROSSING BOULEVARD CITY: CARMEL STATE: IN ZIP: 46032 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 4 1 wf-form4_153434902827785.xml FORM 4 X0306 4 2018-08-14 0 0001395942 KAR Auction Services, Inc. KAR 0001478000 Gottwald Donald S. C/O: KAR AUCTION SERVICES, INC. 13085 HAMILTON CROSSING BLVD. CARMEL IN 46032 0 1 0 0 COO & Chief Strategy Officer Common Stock 2018-08-14 4 M 0 10000 10 A 32978.0001 D Common Stock 2018-08-14 4 S 0 10000 61.5276 D 22978.0001 D Employee Stock Option (right to buy) 10.0 2018-08-14 4 M 0 10000 10 D 2019-05-06 Common Stock 10000.0 10000 D Restricted Stock Units Common Stock 1781.0 1781 D Restricted Stock Units Common Stock 3730.0 3730 D Restricted Stock Units Common Stock 4718.0 4718 D Includes 1,692.1072 shares acquired (including 63.9040 shares acquired by dividend reinvestment) pursuant to the Company's Employee Stock Purchase Plan. This transaction was effected pursuant to a Rule 10b5-1 Plan adopted by the reporting person on March 12, 2018. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.19 to $61.83 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, 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. All of these 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 February 23, 2017, one-third of these restricted stock units vested on February 22, 2018 and the remaining one-third of these restricted stock units vest on February 22, 2019, assuming continued employment through the applicable vesting date. 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 February 24, 2018, one-third of these restricted stock units vest on February 24, 2019 and the remaining one-third of these restricted stock units vest on February 24, 2020, assuming continued employment through the applicable vesting date. 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 March 2, 2019, one-third of these restricted stock units vest on March 2, 2020 and the remaining one-third of these restricted stock units vest on March 2, 2021, assuming continued employment through the applicable vesting date. Rebecca C. Polak as Attorney In Fact 2018-08-15