Filing Details

Accession Number:
0001395942-13-000019
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-09-26 16:44:54
Reporting Period:
2013-09-24
Filing Date:
2013-09-26
Accepted Time:
2013-09-26 15:44:54
SEC Url:
Form 4 Filing
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
1477997 T. Brian Clingen C/O: Kar Auction Services, Inc.
13085 Hamilton Crossing Boulevard
Carmel IN 46032
Chairman Of The Board Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2013-09-24 178,571 $26.63 363,337 No 4 S Indirect By KAR Holdings II, LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By KAR Holdings II, LLC
Footnotes
  1. Reflects sales of shares of common stock of KAR Auction Services, Inc. in a secondary offering by KAR Holdings II, LLC that closed on September 24, 2013.
  2. Includes (i) 99,764 shares of common stock held of record by KAR Holdings II, LLC (which are attributable to Axle Holdings II, LLC), by virtue of the reporting person's common ownership interest in Axle Holdings II, LLC and (ii) 263,573 shares of common stock held of record by KAR Holdings II, LLC, by virtue of the reporting person's common ownership interest in KAR Holdings II, LLC. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.