0001395942-19-000084.txt : 20190702
0001395942-19-000084.hdr.sgml : 20190702
20190702204257
ACCESSION NUMBER: 0001395942-19-000084
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190628
FILED AS OF DATE: 20190702
DATE AS OF CHANGE: 20190702
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Money James E. II
CENTRAL INDEX KEY: 0001678215
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34568
FILM NUMBER: 19939890
MAIL ADDRESS:
STREET 1: 13085 HAMILTON CROSSING BLVD.
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_156211456266160.xml
FORM 4
X0306
4
2019-06-28
0
0001395942
KAR Auction Services, Inc.
KAR
0001678215
Money James E. II
13085 HAMILTON CROSSING BLVD.
CARMEL
IN
46032
0
1
0
0
AFC President
Common Stock
13679.3891
D
Restricted Stock Units
Common Stock
191.0
191
D
Restricted Stock Units
Common Stock
613.0
613
D
Restricted Stock Units
Common Stock
1078.0
1078
D
Restricted Stock Units
Common Stock
1916.0
1916
D
Restricted Stock Units
2019-06-28
4
A
0
5894.808
0
A
Common Stock
5894.808
5894.808
D
Restricted Stock Units
2019-06-28
4
A
0
5042.123
0
A
Common Stock
5042.123
5042.123
D
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 August 4, 2017, one-third of these restricted stock units vested on August 4, 2018 and the remaining one-third of these restricted stock units vest on August 4, 2019, assuming continued employment through the applicable vesting date and assuming the performance related conditions set forth in the reporting person's award agreement are met.
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 vested 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 vested 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.
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 22, 2020, one-third of these restricted stock units vest on February 22, 2021 and the remaining one-third of these restricted stock units vest on February 22, 2022, 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 on February 24, 2020, assuming continued employment through the applicable vesting date.
In connection with the Company's separation of IAA, Inc. into an independent publicly-traded company, certain previously-issued performance restricted stock units held by the reporting person, which were subject to performance-based vesting conditions (as described in further detail in the Company's annual proxy statement filed with the SEC on April 24, 2019) were converted at the target level of performance into restricted stock units subject only to the service-based vesting conditions described in this Form 4.
These restricted stock units remain subject to a time-vesting requirement and are scheduled to vest and settle in common stock on March 2, 2021, assuming continued employment through the applicable vesting date.
Rebecca C. Polak, Attorney In Fact
2019-07-02