0001395942-18-000109.txt : 20180716
0001395942-18-000109.hdr.sgml : 20180716
20180716202830
ACCESSION NUMBER: 0001395942-18-000109
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180716
FILED AS OF DATE: 20180716
DATE AS OF CHANGE: 20180716
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: 18955357
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_153178729442331.xml
FORM 4
X0306
4
2018-07-16
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
2018-07-16
4
M
0
44240
10
A
90630.2336
D
Common Stock
2018-07-16
4
S
0
44240
59.8876
D
46390.2336
D
Employee Stock Option (right to buy)
10.0
2018-07-16
4
M
0
44240
10
D
2019-05-06
Common Stock
44240.0
0
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 $59.6300 to $60.0600 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
2018-07-16