0001395942-19-000081.txt : 20190702
0001395942-19-000081.hdr.sgml : 20190702
20190702203820
ACCESSION NUMBER: 0001395942-19-000081
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190628
FILED AS OF DATE: 20190702
DATE AS OF CHANGE: 20190702
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Skuy Benjamin
CENTRAL INDEX KEY: 0001478003
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34568
FILM NUMBER: 19939802
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_156211428510762.xml
FORM 4
X0306
4
2019-06-28
0
0001395942
KAR Auction Services, Inc.
KAR
0001478003
Skuy Benjamin
C/O KAR AUCTION SERVICES, INC.
13085 HAMILTON CROSSING BLVD.
CARMEL
IN
46032
0
1
0
0
EVP of Intl Mrkts & Strat Init
Common Stock
99763.2556
D
Restricted Stock Units
Common Stock
472.0
472
D
Restricted Stock Units
Common Stock
908.0
908
D
Restricted Stock Units
Common Stock
1923.0
1923
D
Restricted Stock Units
2019-06-28
4
A
0
4543.024
0
A
Common Stock
4543.024
4543.024
D
Restricted Stock Units
2019-06-28
4
A
0
4248.186
0
A
Common Stock
4248.186
4248.186
D
Includes 1,723.453 shares acquired (including 80.561 shares acquired by dividend reinvestment) pursuant to the Company's Employee Stock Purchase Plan.
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 24, 2018, one-third of these restricted stock units vested 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 vested 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.
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 February 22, 2020, one-third of these restricted stock units vest on February 22, 2021 and the remaining one-third of these restricted stock units vest on February 22, 2022, 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 on February 24, 2020, assuming continued employment through the applicable vesting date.
In connection with the Company's separation of IAA, Inc. into an independent publicly-traded company, certain previously-issued performance restricted stock units held by the reporting person, which were subject to performance-based vesting conditions (as described in further detail in the Company's annual proxy statement filed with the SEC on April 24, 2019) were converted at the target level of performance into restricted stock units subject only to the service-based vesting conditions described in this Form 4.
These restricted stock units remain subject to a time-vesting requirement and are scheduled to vest and settle in common stock on March 2, 2021, assuming continued employment through the applicable vesting date.
Rebecca C. Polak as Attorney In Fact
2019-07-02