Stefan Jacoby - 30 Jun 2022 Form 4 Insider Report for KAR Auction Services, Inc. (KAR)

Role
Director
Signature
Charles S. Coleman, as Attorney-in-Fact
Issuer symbol
KAR
Transactions as of
30 Jun 2022
Net transactions value
+$21,254
Form type
4
Filing time
01 Jul 2022, 17:06:41 UTC
Previous filing
06 Jun 2022
Next filing
04 Oct 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KAR Common Stock Award $21,254 +1,439 +10% $14.77 15,735 30 Jun 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares of common stock were issued to the reporting person in lieu of the reporting person's quarterly cash retainer payment for director service.
F2 7,832 of these shares were issued on June 2, 2022 to the reporting person as director fees pursuant to the KAR Auction Services, Inc. Amended and Restated 2009 Omnibus Stock and Incentive Plan. The 7,832 shares vest on June 2, 2023 and are subject to forfeiture until vested. All other shares are vested.