0001395942-23-000054.txt : 20230511 0001395942-23-000054.hdr.sgml : 20230511 20230511180535 ACCESSION NUMBER: 0001395942-23-000054 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230509 FILED AS OF DATE: 20230511 DATE AS OF CHANGE: 20230511 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Kelly Peter J CENTRAL INDEX KEY: 0001532010 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34568 FILM NUMBER: 23912559 MAIL ADDRESS: STREET 1: C/O KAR AUCTION SERVICES, INC. STREET 2: 11299 NORTH ILLINOIS STREET CITY: CARMEL STATE: IN ZIP: 46032 FORMER NAME: FORMER CONFORMED NAME: Peter Kelly DATE OF NAME CHANGE: 20111005 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_168384271574249.xml FORM 4 X0407 4 2023-05-09 0 0001395942 KAR Auction Services, Inc. KAR 0001532010 Kelly Peter J C/O: KAR AUCTION SERVICES, INC. 11299 NORTH ILLINOIS STREET CARMEL IN 46032 1 1 0 0 Chief Executive Officer 0 Common Stock 2023-05-09 4 M 0 50000 0 A 328542.263 D Common Stock 2023-05-09 4 F 0 15187 15.09 D 313355.263 D Restricted Stock Units 2023-05-09 4 M 0 50000 0 D Common Stock 50000.0 100000 D Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. The restricted stock units vested in common stock on May 9, 2023. Includes shares acquired pursuant to the Company's Employee Stock Purchase Plan. Shares withheld by the Company to satisfy tax withholding requirements. 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 May 9, 2023, one-third of these restricted stock units vest on May 9, 2024 and the remaining one-third of these restricted stock units vest on May 9, 2025, assuming continued employment through the applicable vesting date. Charles S. Coleman as Attorney-In-Fact 2023-05-11