Filing Details

Accession Number:
0001395942-14-000218
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-10-15 14:59:35
Reporting Period:
2014-10-14
Filing Date:
2014-10-15
Accepted Time:
2014-10-15 14:59:35
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
1477999 J. Thomas Caruso C/O: Kar Auction Services, Inc.
13085 Hamilton Crossing Boulevard
Carmel IN 46032
Chief Client Officer 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 2014-10-14 3,075 $13.46 3,075 No 4 M Direct
Common Stock Disposition 2014-10-14 3,075 $27.00 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 Option (right to buy) Disposition 2014-10-14 3,075 $13.46 3,075 $13.46
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
61,223 2020-03-01 No 4 A Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Employee Stock Option (right to buy) $10.00 2017-08-20 32,978 32,978 Direct
Common Stock Employee Stock Option (right to buy) $16.68 2018-08-19 10,275 10,275 Direct
Common Stock Employee Stock Option (right to buy) $14.44 2021-02-25 30,000 30,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2017-08-20 32,978 32,978 Direct
2018-08-19 10,275 10,275 Direct
2021-02-25 30,000 30,000 Direct
Footnotes
  1. 32,978 of these options vest if the closing price of the Company's common stock exceeds $35.00 for twenty (20) consecutive trading days.
  2. 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.
  3. 10,275 of these options vest if the closing price of the Company's common stock exceeds $35.00 for twenty (20) consecutive trading days.
  4. 27,638 of these performance options are currently exercisable. 33,585 of these options vest if the closing price of the Company's common stock exceeds $35.00 for twenty (20) consecutive trading days.
  5. 5,000 of these service options are currently exercisable. 25,000 of these options become exercisable on 2/25/2015.