0001395942-18-000095.txt : 20180619 0001395942-18-000095.hdr.sgml : 20180619 20180619180953 ACCESSION NUMBER: 0001395942-18-000095 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180618 FILED AS OF DATE: 20180619 DATE AS OF CHANGE: 20180619 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: POLAK REBECCA C. CENTRAL INDEX KEY: 0001478001 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34568 FILM NUMBER: 18908166 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_152944617615336.xml FORM 4 X0306 4 2018-06-18 0 0001395942 KAR Auction Services, Inc. KAR 0001478001 POLAK REBECCA C. C/O: KAR AUCTION SERVICES, INC. 13085 HAMILTON CROSSING BLVD. CARMEL IN 46032 0 1 0 0 CLO & Sec.; Pres. TradeRev Common Stock 2018-06-18 4 M 0 44240 10 A 90630.2336 D Common Stock 2018-06-18 4 S 0 44240 55.0479 D 46390.2336 D Employee Stock Option (right to buy) 10.0 2018-06-18 4 M 0 44240 10 D 2019-05-06 Common Stock 44240.0 44240 D Employee Stock Option (right to buy) 30.89 2024-02-27 Common Stock 34996.0 34996 D Restricted Stock Units Common Stock 1107.0 1107 D Restricted Stock Units Common Stock 3039.0 3039 D Restricted Stock Units Common Stock 4164.0 4164 D This transaction was effected pursuant to a Rule 10b5-1 Plan adopted by the reporting person on March 15, 2018. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.0000 to $55.1600 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 2018-06-19