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OPENLANE, Inc. Director's Dealing 2012

Oct 1, 2012

31385_dirs_2012-10-01_ada0684f-bf0a-4d83-815d-487c5146b086.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KAR Auction Services, Inc. (KAR)
CIK: 0001395942
Period of Report: 2012-09-28

Reporting Person: FORMANEK PETER R (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-09-28 Common Stock A 634 $19.74 Acquired 21807 Direct

Footnotes

F1: These shares of common stock were issued to the reporting person pursuant to the KAR Auction Services, Inc. 2009 Omnibus Stock and Incentive Plan in lieu of a quarterly cash retainer of $12,500.

F2: 4,778 of these shares are shares of restricted stock that 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 17, 2012) and such grant is subject to forfeiture until vested.