0001395942-16-000282.txt : 20160407
0001395942-16-000282.hdr.sgml : 20160407
20160407214350
ACCESSION NUMBER: 0001395942-16-000282
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: Smith Stephen E.
CENTRAL INDEX KEY: 0001594777
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34568
FILM NUMBER: 161561210
MAIL ADDRESS:
STREET 1: 13085 HAMILTON CROSSING BLVD.
CITY: CARMEL
STATE: IN
ZIP: 46032
4
1
wf-form4_146007981990979.xml
FORM 4
X0306
4
2016-04-05
0
0001395942
KAR Auction Services, Inc.
KAR
0001594777
Smith Stephen E.
13085 HAMILTON CROSSING BLVD.
CARMEL
IN
46032
1
0
0
0
Common Stock
170
D
Phantom Stock
Common Stock
7464.0
7464
D
Phantom Stock
2016-04-05
4
A
0
59.1265
38.30
A
Common Stock
59.1265
403.8994
D
These shares of common stock were issued on 1/4/2016 to the reporting person 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.
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. 2,620 of these 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 2,620 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.
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 19.2878 shares which will vest on 6/2/2016.
Rebecca C. Polak as Attorney In Fact
2016-04-07