OPENLANE, Inc. — Director's Dealing 2011

Aug 12, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KAR Auction Services, Inc. (KAR)
CIK: 0001395942
Period of Report: 2010-11-30

Reporting Person: WARD JONATHAN P (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-30	Common Stock	P	50	$12.02	Acquired	50	Indirect
2010-12-01	Common Stock	P	50	$12.34	Acquired	100	Indirect
2010-12-16	Common Stock	P	50	$13.24	Acquired	150	Indirect
2010-12-17	Common Stock	P	50	$13.36	Acquired	200	Indirect
2011-02-07	Common Stock	P	25	$14.87	Acquired	225	Indirect
2011-02-25	Common Stock	P	50	$14.76	Acquired	275	Indirect
2011-08-10	Common Stock	S	50	$14.0853	Disposed	225	Indirect
2011-08-11	Common Stock	S	225	$14.0903	Disposed	0	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7572	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock	$0		Common Stock (3887)	3887	Direct

Footnotes

F1: The phantom stock will convert into shares of KAR common stock on a one-for-one basis.

F2: Represents director fees deferred in the reporting person's account in the KAR Auction Services, Inc. Directors Deferred Compensation Plan. Shares of restricted stock were granted on May 12, 2011 at a price of $19.30 per share and will be settled only for shares of KAR common stock on a one-for-one basis. These 3,887 shares of restricted stock were granted pursuant to the KAR Auction Services, Inc. 2009 Omnibus Stock and Incentive Plan and one-fourth of the grant vests every three months from the date of grant (May 12, 2011) and such grant is subject to forfeiture until vested.

F3: The reporting person will receive shares of KAR common stock, on a one-for-one basis, at a future date(s) specified by him pursuant to the deferred compensation plan.