Filing Details
- Accession Number:
- 0001395942-14-000004
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-01-06 13:55:18
- Reporting Period:
- 2014-01-02
- Filing Date:
- 2014-01-06
- Accepted Time:
- 2014-01-06 13:55:18
- 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 |
|---|---|---|---|---|---|---|---|
| 1491615 | W Warren Byrd | C/O: Kar Auction Services, Inc. 13085 Hamilton Crossing Boulevard Carmel IN 46032 | Evp Of Corp Dev & Real Estate | No | 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 | Acquisiton | 2014-01-02 | 32,977 | $10.00 | 32,977 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2014-01-02 | 32,977 | $30.00 | 0 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Options (right to buy) | Disposition | 2014-01-02 | 6,000 | $10.00 | 6,000 | $10.00 |
| Common Stock | Employee Stock Options (right to buy) | Disposition | 2014-01-02 | 26,977 | $10.00 | 26,977 | $10.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 10,970 | 2017-08-20 | No | 4 | M | Direct | |
| 65,956 | 2017-08-20 | No | 4 | M | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Options (right to buy) | $12.10 | 2020-08-06 | 15,500 | 15,500 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2020-08-06 | 15,500 | 15,500 | Direct |
Footnotes
- 10,970 of these options are service options that are exercisable.
- An additional condition to vesting is that the reporting person must be a director, officer, employee, consultant or agent of the Company or any of its subsidiaries on the date on which the conditions set forth above are satisfied.
- 26,977 of these performance options are currently exercisable. 32,978 of these options vest if the closing price of a share of the Company's common stock exceeds $30.00 for twenty (20) consecutive trading days and 32,978 of these options vest if the closing price of a share of the Company's common stock exceeds $35.00 for twenty (20) consecutive trading days.
- 7,750 of these options are service options that are exercisable. 7,750 of these service options become exercisable on 8/6/2014.
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