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