Filing Details

Accession Number:
0001418812-12-000013
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-03-06 17:35:21
Reporting Period:
2012-03-02
Filing Date:
2012-03-06
Filing Date Changed:
2012-03-06
Accepted Time:
2012-03-06 17:35:21
Original Submission Date:
Issuer
Cik Name Symbol Sector (SIC) IRS No
1395942 Kar Auction Services, Inc. KAR Retail-Auto Dealers & Gasoline Stations (5500) 208744739
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1351069 Valueact Capital Management, L.p. 435 Pacific Avenue, 4Th Floor
San Francisco CA 94133
No No Yes No
1351073 Valueact Capital Management, Llc 435 Pacific Avenue, 4Th Floor
San Francisco CA 94133
No No Yes No
1418812 Va Partners I, Llc 435 Pacific Avenue, 4Th Floor
San Francisco CA 94133
No No Yes No
1418813 Valueact Holdings Gp, Llc 435 Pacific Avenue, 4Th Floor
San Francisco CA 94133
No No Yes No
1418814 Valueact Holdings, L.p. 435 Pacific Avenue, 4Th Floor
San Francisco CA 94133
No No Yes No
1464912 Valueact Capital Master Fund, L.p. 435 Pacific Avenue
4Th Floor
San Francisco CA 94133
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings
Common Stock, Par Value $.01 Per Share Disposition 2012-03-02 5,000 $16.21 903,828
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnotes
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, Par Value $.01 Per Share 23,477,018 Indirect See footnotes
Footnotes
  1. The securities reported herein are directly beneficially owned by ValueAct Capital Master Fund, L.P. and may be deemed to be indirectly beneficially owned by (i) VA Partners I, LLC as General Partner of ValueAct Capital Master Fund, L.P., (ii) ValueAct Capital Management, L.P. as the manager of ValueAct Capital Master Fund, L.P., (iii) ValueAct Capital Management, LLC as General Partner of ValueAct Capital Management, L.P., (iv) ValueAct Holdings, L.P. as the sole owner of the limited partnership interests of ValueAct Capital Management, L.P. and the membership interests of ValueAct Capital Management, LLC and as the majority owner of the membership interests of VA Partners I, LLC and (v) ValueAct Holdings GP, LLC as General Partner of ValueAct Holdings, L.P.
  2. Each reporting person listed herein disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that such person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
  3. The reported stock is held of record by KAR Holdings II, LLC but is beneficially owned directly by ValueAct Capital Master Fund, L.P. by virtue of ValueAct Capital Master Fund, L.P.'s ownership interest in KAR Holdings II, LLC and may be deemed to be beneficially owned by (i) VA Partners I, LLC as General Partner of ValueAct Capital Master Fund, L.P., (ii) ValueAct Capital Management, L.P. as the manager of ValueAct Capital Master Fund, L.P., (iii) ValueAct Capital Management, LLC as General Partner of ValueAct Capital Management, L.P., (iv) ValueAct Holdings, L.P. as the sole owner of the limited partnership interests of ValueAct Capital Management, L.P. and the membership interests of ValueAct Capital Management, LLC, and as the majority owner of the membership interests of VA Partners I, LLC, and (v) ValueAct Holdings GP, LLC as General Partner of ValueAct Holdings, L.P.
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