0001395942-23-000051.txt : 20230511
0001395942-23-000051.hdr.sgml : 20230511
20230511180430
ACCESSION NUMBER: 0001395942-23-000051
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230509
FILED AS OF DATE: 20230511
DATE AS OF CHANGE: 20230511
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Davis Justin T.
CENTRAL INDEX KEY: 0001866111
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34568
FILM NUMBER: 23912553
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_168384265704946.xml
FORM 4
X0407
4
2023-05-09
0
0001395942
KAR Auction Services, Inc.
KAR
0001866111
Davis Justin T.
C/O KAR AUCTION SERVICES, INC.
11299 NORTH ILLINOIS STREET
CARMEL
IN
46032
0
1
0
0
President of BacklotCars
0
Common Stock
2023-05-09
4
M
0
15000
0
A
422502
D
Common Stock
2023-05-09
4
F
0
4313
15.09
D
418189
D
Restricted Stock Units
2023-05-09
4
M
0
15000
0
D
Common Stock
15000.0
30000
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 May 9, 2023.
Shares withheld by the Company to satisfy tax withholding requirements.
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 May 9, 2023, one-third of these restricted stock units vest on May 9, 2024 and the remaining one-third of these restricted stock units vest on May 9, 2025, assuming continued employment through the applicable vesting date.
Charles S. Coleman, Attorney-in-Fact
2023-05-11