0001395942-16-000222.txt : 20160111
0001395942-16-000222.hdr.sgml : 20160111
20160111193606
ACCESSION NUMBER: 0001395942-16-000222
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160107
FILED AS OF DATE: 20160111
DATE AS OF CHANGE: 20160111
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: 13085 HAMILTON CROSSING BOULEVARD
CITY: CARMEL
STATE: IN
ZIP: 46032
BUSINESS PHONE: (800) 923-3725
MAIL ADDRESS:
STREET 1: 13085 HAMILTON CROSSING BOULEVARD
CITY: CARMEL
STATE: IN
ZIP: 46032
FORMER COMPANY:
FORMER CONFORMED NAME: KAR Holdings, Inc.
DATE OF NAME CHANGE: 20070409
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BOURELL TODD F
CENTRAL INDEX KEY: 0001269126
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34568
FILM NUMBER: 161337422
MAIL ADDRESS:
STREET 1: 20 CUSTOM HOUSE STREET
STREET 2: SUITE 610
CITY: BOSTON
STATE: MA
ZIP: 02110
4
1
wf-form4_145255895542112.xml
FORM 4
X0306
4
2016-01-07
0
0001395942
KAR Auction Services, Inc.
KAR
0001269126
BOURELL TODD F
13085 HAMILTON CROSSING BLVD.
CARMEL
IN
46032
1
0
0
0
Common Stock
Common Stock
188.749
188.749
D
Common Stock
2016-01-07
4
A
0
20.9588
34.25
A
Common Stock
20.9588
59.6312
D
The phantom stock will convert into shares of KAR common stock on a one-for-one basis.
The reporting person will receive shares of KAR common stock, on a one-for-one basis, at a future date(s) specified by him pursuant to the deferred compensation plan.
Represents director fees deferred in the reporting person's account in the KAR Auction Services, Inc. Directors Deferred Compensation Plan. Shares of restricted stock were granted on 6/3/2015 at a price of $38.18 per share and will be settled only for shares of KAR common stock on a one-for-one basis. These shares of restricted stock were granted pursuant to the KAR Auction Services, Inc. 2009 Omnibus Stock and Incentive Plan and one-fourth of the grant vests every three months from the date of the grant and such grant is subject to forfeiture until vested.
Represents director fees deferred in the reporting person's account in the KAR Auction Services, Inc. Directors Deferred Compensation Plan. 170 of these shares of restricted stock were granted on 1/4/2016 at a price of $36.92 per share and will be settled only for shares of KAR common stock on a one-for-one basis. These 170 shares of restricted stock were granted pursuant to the KAR Auction Services, Inc. 2009 Omnibus Stock and Incentive Plan and 50% will vest on March 9, 2016 and the remaining 50% will vest on June 8, 2016 and such grant is subject to forfeiture until vested.
Reflects the reinvestment of dividend equivalents in additional shares of phantom stock pursuant to the terms of the KAR Auction Services, Inc. Directors Deferred Compensation Plan.
Reflects dividend payment of which 9.7490 shares are vested and the remaining shares will vest as follows: 5 shares vest on 3/2/2016, and the remaining 4 shares vest on 6/2/2016.
Reflects dividend payment of which 9.9645 shares are vested and the remaining shares will vest as follows: 4.9832 shares vest on 3/2/2016, and the remaining 4.9757 shares vest on 6/2/2016.
Reflects dividend payment of which 10.4794 shares are vested and the remaining shares will vest as follows: 5.2397 shares vest on 3/2/2016, and the remaining 5.2397 shares vest on 6/2/2016.
Rebecca Polak, Attorney In Fact
2016-01-11