0001395942-18-000094.txt : 20180614
0001395942-18-000094.hdr.sgml : 20180614
20180614123500
ACCESSION NUMBER: 0001395942-18-000094
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180612
FILED AS OF DATE: 20180614
DATE AS OF CHANGE: 20180614
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Gottwald Donald S.
CENTRAL INDEX KEY: 0001478000
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34568
FILM NUMBER: 18898683
MAIL ADDRESS:
STREET 1: 13085 HAMILTON CROSSING BOULEVARD
CITY: CARMEL
STATE: IN
ZIP: 46032
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
4
1
wf-form4_152899408433088.xml
FORM 4
X0306
4
2018-06-12
0
0001395942
KAR Auction Services, Inc.
KAR
0001478000
Gottwald Donald S.
C/O: KAR AUCTION SERVICES, INC.
13085 HAMILTON CROSSING BLVD.
CARMEL
IN
46032
0
1
0
0
COO & Chief Strategy Officer
Common Stock
2018-06-12
4
M
0
10000
10
A
32967.4716
D
Common Stock
2018-06-12
4
S
0
10000
55.2013
D
22967.4716
D
Employee Stock Option (right to buy)
10.0
2018-06-12
4
M
0
10000
10
D
2019-05-06
Common Stock
10000.0
30000
D
Restricted Stock Units
Common Stock
1781.0
1781
D
Restricted Stock Units
Common Stock
3730.0
3730
D
Restricted Stock Units
Common Stock
4718.0
4718
D
Includes 1,681.5786 shares acquired (including 53.3755 shares acquired by dividend reinvestment) pursuant to the Company's Employee Stock Purchase Plan.
This transaction was effected pursuant to a Rule 10b5-1 Plan adopted by the reporting person on March 12, 2018.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.05 to $55.31 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
All of these options are currently exercisable.
Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis.
These restricted stock units remain subject to a time-vesting requirement and are scheduled to vest and settle in common stock as follows: one-third of these restricted stock units vested on February 23, 2017, one-third of these restricted stock units vested on February 22, 2018 and the remaining one-third of these restricted stock units vest on February 22, 2019, assuming continued employment through the applicable vesting date.
These restricted stock units remain subject to a time-vesting requirement and are scheduled to vest and settle in common stock as follows: one-third of these restricted stock units vested on February 24, 2018, one-third of these restricted stock units vest on February 24, 2019 and the remaining one-third of these restricted stock units vest on February 24, 2020, assuming continued employment through the applicable vesting date.
These restricted stock units remain subject to a time-vesting requirement and are scheduled to vest and settle in common stock as follows: one-third of these restricted stock units vest on March 2, 2019, one-third of these restricted stock units vest on March 2, 2020 and the remaining one-third of these restricted stock units vest on March 2, 2021, assuming continued employment through the applicable vesting date.
Rebecca C. Polak as Attorney In Fact
2018-06-14