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OPENLANE, Inc. — Director's Dealing 2014
Oct 2, 2014
31385_dirs_2014-10-02_5d867dbb-1937-407c-a2ea-bc0bb674ef60.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: 2014-09-30
Reporting Person: FORMANEK PETER R (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-09-30 | Common Stock | A | 743 | $28.63 | Acquired | 33378 | 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 $21,250.
F2: 3,168 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 (June 10, 2014) and such grant is subject to forfeiture until vested.
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