Filing Details

Accession Number:
0001395942-14-000242
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-11-13 10:32:52
Reporting Period:
2014-11-12
Filing Date:
2014-11-13
Accepted Time:
2014-11-13 10:32:52
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 2014-11-12 10,990 $10.00 10,990 No 4 M Direct
Common Stock Disposition 2014-11-12 10,990 $34.00 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 2014-11-12 10,990 $10.00 10,990 $10.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
43,976 2017-08-20 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 Options (right to buy) $10.00 2017-08-20 10,970 10,970 Direct
Common Stock Employee Stock Options (right to buy) $12.10 2020-08-06 7,750 7,750 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2017-08-20 10,970 10,970 Direct
2020-08-06 7,750 7,750 Direct
Footnotes
  1. 10,970 of these options are service options that are exercisable.
  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. 10,998 of these options are performance options that are currently exercisable 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.
  4. 7,750 of these options are service options that are exercisable.