0001395942-22-000073.txt : 20221213 0001395942-22-000073.hdr.sgml : 20221213 20221213155445 ACCESSION NUMBER: 0001395942-22-000073 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20221209 FILED AS OF DATE: 20221213 DATE AS OF CHANGE: 20221213 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: HALLETT JAMES P CENTRAL INDEX KEY: 0001194732 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34568 FILM NUMBER: 221459636 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: KAR Auction Services, Inc. CENTRAL INDEX KEY: 0001395942 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-AUTO DEALERS & GASOLINE STATIONS [5500] IRS NUMBER: 208744739 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 11299 N. ILLINOIS STREET CITY: CARMEL STATE: IN ZIP: 46032 BUSINESS PHONE: (800) 923-3725 MAIL ADDRESS: STREET 1: 11299 N. ILLINOIS STREET CITY: CARMEL STATE: IN ZIP: 46032 FORMER COMPANY: FORMER CONFORMED NAME: KAR Holdings, Inc. DATE OF NAME CHANGE: 20070409 4 1 wf-form4_167096485685374.xml FORM 4 X0306 4 2022-12-09 0 0001395942 KAR Auction Services, Inc. KAR 0001194732 HALLETT JAMES P C/O: KAR AUCTION SERVICES, INC. 11299 NORTH ILLINOIS STREET CARMEL IN 46032 1 1 0 0 Executive Chairman Common Stock 2022-12-09 4 M 0 4908 0 A 631049.8733 D Common Stock 2022-12-09 4 F 0 4908 13.37 D 626141.8733 D Restricted Stock Units 2022-12-09 4 A 0 150000 0 A Common Stock 150000.0 150000 D Restricted Stock Units 2022-12-09 4 M 0 4908 0 D Common Stock 4908.0 145092 D Shares withheld to satisfy FICA taxes due in the year the reporting person reaches retirement eligibility. Each remaining restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. Shares withheld to satisfy FICA taxes due in the year the reporting person reaches retirement eligibility. Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. These restricted stock units remain subject to a time-vesting requirement and are scheduled to vest and settle in common stock as follows: one-third of these restricted stock units vest on May 9, 2023, one-third of these restricted stock units vest on May 9, 2024 and the remaining one-third of these restricted stock units vest on May 9, 2025, subject to certain continued employment conditions. These restricted stock units remain subject to a time-vesting requirement and are scheduled to vest and settle in common stock as follows: 48,364 of these restricted stock units vest on May 9, 2023, 48,364 of these restricted stock units vest on May 9, 2024 and the remaining 48,364 of these restricted stock units vest on May 9, 2025, subject to certain continued employment conditions. Charles S. Coleman, as Attorney-in-Fact 2022-12-13