0001395942-16-000287.txt : 20160407 0001395942-16-000287.hdr.sgml : 20160407 20160407215755 ACCESSION NUMBER: 0001395942-16-000287 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160405 FILED AS OF DATE: 20160407 DATE AS OF CHANGE: 20160407 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: 161561221 MAIL ADDRESS: STREET 1: 20 CUSTOM HOUSE STREET STREET 2: SUITE 610 CITY: BOSTON STATE: MA ZIP: 02110 4 1 wf-form4_146008066398548.xml FORM 4 X0306 4 2016-04-05 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 2849.6312 2849.6312 D Common Stock 2016-04-05 4 A 0 21.5768 38.30 A Common Stock 21.5768 21.5768 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% vested 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 payments, of which all shares are vested other than 5.7160 which will vest on 6/2/2016. Rebecca Polak, Attorney In Fact 2016-04-07