0001395942-18-000041.txt : 20180222 0001395942-18-000041.hdr.sgml : 20180222 20180222181505 ACCESSION NUMBER: 0001395942-18-000041 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180220 FILED AS OF DATE: 20180222 DATE AS OF CHANGE: 20180222 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: HALLETT JAMES P CENTRAL INDEX KEY: 0001194732 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34568 FILM NUMBER: 18633947 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_151934129008861.xml FORM 4 X0306 4 2018-02-20 0 0001395942 KAR Auction Services, Inc. KAR 0001194732 HALLETT JAMES P C/O: KAR AUCTION SERVICES, INC. 13085 HAMILTON CROSSING BOULEVARD CARMEL IN 46032 1 1 0 0 Chief Executive Officer Common Stock 2018-02-20 4 M 0 6431 0 A 259570.9705 D Common Stock 2018-02-20 4 F 0 2803 50.49 D 256767.9705 D Employee Stock Option (right to buy) 13.46 2020-03-01 Common Stock 150000.0 150000 D Employee Stock Option (right to buy) 30.89 2024-02-27 Common Stock 194404.0 194404 D Restricted Stock Units 2018-02-20 4 M 0 6431 0 D Common Stock 6431.0 0 D Restricted Stock Units Common Stock 14053.0 14053 D Restricted Stock Units Common Stock 19742.0 19742 D 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 February 20, 2018. Includes 1,213.8475 shares acquired (including 46.8990 shares acquired by dividend reinvestment) pursuant to the Company's Employee Stock Purchase Plan. Shares withheld by the Company to satisfy tax withholding requirements. All of these options are currently exercisable. 145,803 of these options are currently exercisable and the remaining 48,601 options become exercisable on February 27, 2018, assuming continued employment through the applicable vesting date. Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. These restricted stock units were subject to a time-vesting requirement and vested and settled in common stock as follows: one-third of these restricted stock units vested on February 20, 2016, one-third of these restricted stock units vested on February 20, 2017 and the remaining one-third of these restricted stock units vested on February 20, 2018. 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 vest 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 vest 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. Rebecca C. Polak as Attorney In Fact 2018-02-22