0001395942-17-000091.txt : 20170710
0001395942-17-000091.hdr.sgml : 20170710
20170710210252
ACCESSION NUMBER: 0001395942-17-000091
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170706
FILED AS OF DATE: 20170710
DATE AS OF CHANGE: 20170710
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: Hill Mark E
CENTRAL INDEX KEY: 0001291222
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34568
FILM NUMBER: 17958938
MAIL ADDRESS:
STREET 1: 12900 NORTH MERIDIAN
STREET 2: SUITE 200
CITY: CARMEL
STATE: IN
ZIP: 46032
4
1
wf-form4_149973495821919.xml
FORM 4
X0306
4
2017-07-06
0
0001395942
KAR Auction Services, Inc.
KAR
0001291222
Hill Mark E
13085 HAMILTON CROSSING BLVD.
CARMEL
IN
46032
1
0
0
0
Common Stock
29700
D
Common Stock
800
I
Family Member's Brokerage Account
Phantom Stock
Common Stock
11337.0
11337
D
Phantom Stock
2017-07-06
4
A
0
93.1186
40.83
A
Common Stock
93.1186
637.4903
D
The shares are held in a family member's brokerage account, over which the reporting person holds a power of attorney. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
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. 2,594 shares of phantom stock were granted on June 5, 2017 at a price of $44.34 per share pursuant to the KAR Auction Services, Inc. 2009 Omnibus Stock and Incentive Plan and will be settled only for shares of KAR common stock on a one-for-one basis. One-fourth of this grant vests every three months from the date of the grant and such grant is subject to forfeiture until vested. All other shares of phantom stock are 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 subject to the terms and conditions of the KAR Auction Services, Inc. Directors Deferred Compensation Plan.
Reflects the reinvestment of dividend equivalents in additional shares of phantom stock pursuant to the KAR Auction Services, Inc. Directors Deferred Compensation Plan, of which 617.1602 shares are vested and the remaining shares will vest as follows: 5.0825 shares vest on September 5, 2017, 5.0825 shares vest on December 5, 2017, 5.0825 shares vest on March 5, 2018 and the remaining 5.0826 shares vest on June 5, 2018.
Rebecca C. Polak as Attorney In Fact
2017-07-10