0001395942-16-000354.txt : 20161006
0001395942-16-000354.hdr.sgml : 20161006
20161006172758
ACCESSION NUMBER: 0001395942-16-000354
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20161004
FILED AS OF DATE: 20161006
DATE AS OF CHANGE: 20161006
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: 161925618
MAIL ADDRESS:
STREET 1: 20 CUSTOM HOUSE STREET
STREET 2: SUITE 610
CITY: BOSTON
STATE: MA
ZIP: 02110
4
1
wf-form4_147578926627062.xml
FORM 4
X0306
4
2016-10-04
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
5575.0
5575
D
Common Stock
2016-10-04
4
A
0
38.024
43.44
A
Common Stock
38.024
158.7668
D
The phantom stock will convert into shares of KAR common stock on a one-for-one basis.
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 June 8, 2016 at a price of $41.30 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.
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.
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 125.445 shares are vested and the remaining shares will vest as follows: 11.1072 shares vest on December 7, 2016, 11.1072 shares vest on March 7, 2017 and the remaining 11.1073 shares vest on June 7, 2017.
Rebecca Polak, Attorney In Fact
2016-10-06