0001395942-20-000029.txt : 20200225
0001395942-20-000029.hdr.sgml : 20200225
20200225202355
ACCESSION NUMBER: 0001395942-20-000029
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200224
FILED AS OF DATE: 20200225
DATE AS OF CHANGE: 20200225
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: DiDomenico David
CENTRAL INDEX KEY: 0001791883
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34568
FILM NUMBER: 20653041
MAIL ADDRESS:
STREET 1: C/O JANA PARTNERS LLC
STREET 2: 767 FIFTH AVENUE, 8TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10153
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: 11299 N. ILLINOIS STREET
CITY: CARMEL
STATE: IN
ZIP: 46032
BUSINESS PHONE: (800) 923-3725
MAIL ADDRESS:
STREET 1: 11299 N. ILLINOIS STREET
CITY: CARMEL
STATE: IN
ZIP: 46032
FORMER COMPANY:
FORMER CONFORMED NAME: KAR Holdings, Inc.
DATE OF NAME CHANGE: 20070409
4
1
wf-form4_158268021855975.xml
FORM 4
X0306
4
2020-02-24
0
0001395942
KAR Auction Services, Inc.
KAR
0001791883
DiDomenico David
C/O KAR AUCTION SERVICES, INC.
11299 NORTH ILLINOIS STREET
CARMEL
IN
46032
1
0
0
0
Common Stock
2020-02-24
4
P
0
10000
21.77
A
10000
D
Phantom Stock
Common Stock
3839.0
3839
D
Phantom Stock
Common Stock
32.56
32.56
D
The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.76 to $21.78 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 purchased at each separate price within the range set forth in this footnote.
The phantom stock will convert into shares of KAR common stock on a one-for-one basis.
Represents director fees deferred in the reporting person's account in the KAR Auction Services, Inc. Directors Deferred Compensation Plan. 3,839 shares of phantom stock were granted on November 8, 2019 at a price of $21.50 per share pursuant to the KAR Auction Services, Inc. 2009 Omnibus Stock and Incentive Plan and will be settled only for shares of KAR common stock on a one-for-one basis. This grant vests on June 4, 2020, and is subject to forfeiture until vested.
The reporting person will receive shares of KAR common stock, on a one-for-one basis, at a future date(s) specified by him subject to the terms and conditions of the KAR Auction Services, Inc. Directors Deferred Compensation Plan.
Reflects the reinvestment of dividend equivalents in additional shares of phantom stock pursuant to the KAR Auction Services, Inc. Directors Deferred Compensation Plan, which shares vest on June 4, 2020 and are subject to forfeiture until vested.
Charles S. Coleman as Attorney In Fact
2020-02-25