0001395942-21-000097.txt : 20211108 0001395942-21-000097.hdr.sgml : 20211108 20211108201100 ACCESSION NUMBER: 0001395942-21-000097 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20211105 FILED AS OF DATE: 20211108 DATE AS OF CHANGE: 20211108 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Coyle James P CENTRAL INDEX KEY: 0001891323 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34568 FILM NUMBER: 211389478 MAIL ADDRESS: STREET 1: 11299 NORTH ILLINOIS STREET 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: 11299 N. ILLINOIS STREET CITY: CARMEL STATE: IN ZIP: 46032 BUSINESS PHONE: (800) 923-3725 MAIL ADDRESS: STREET 1: 11299 N. ILLINOIS STREET CITY: CARMEL STATE: IN ZIP: 46032 FORMER COMPANY: FORMER CONFORMED NAME: KAR Holdings, Inc. DATE OF NAME CHANGE: 20070409 4 1 wf-form4_163642024312253.xml FORM 4 X0306 4 2021-11-05 0 0001395942 KAR Auction Services, Inc. KAR 0001891323 Coyle James P C/O: KAR AUCTION SERVICES, INC. 11299 NORTH ILLINOIS STREET CARMEL IN 46032 0 1 0 0 EVP, Chief Digital Officer Employee Stock Option (right to buy) 14.66 2021-11-05 4 A 0 70755 0 A 2031-11-05 Common Stock 70755.0 70755 D Employee Stock Option (right to buy) 14.66 2021-11-05 4 A 0 283019 0 A 2031-11-05 Common Stock 283019.0 283019 D These options were granted on November 5, 2021 and will vest and become exercisable in equal installments on each of the first four anniversaries of the grant date, subject to continued employment through such vesting date. These options were granted on November 5, 2021 and will become eligible to vest and become exercisable in equal 25% increments, each upon the later of the occurrence of the first four anniversaries of the grant date, respectively, and the attainment of the closing price of the Company's common stock at or above, for each respective 25% increment, $19.66, $24.66, $29.66, and $34.66, for twenty consecutive trading days, subject to continued employment through such vesting date. Charles S. Coleman, Attorney-in-Fact 2021-11-08