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OPENLANE, Inc. — Director's Dealing 2014
Apr 2, 2014
31385_dirs_2014-04-02_ff2975a4-4001-4dbe-bc84-dfdb2f9f29e6.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: 2014-04-02
Reporting Person: Gottwald Donald S. (Chief Operating Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-04-02 | Common Stock | M | 7500 | $10 | Acquired | 7500 | Direct |
| 2014-04-02 | Common Stock | S | 7500 | $30.69 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-04-02 | Employee Stock Option (right to buy) | $10.0 | M | 7500 | Disposed | 2019-05-06 | Common Stock (7500.0) | Direct |
Footnotes
F1: 133,922 of these options are performance options that are currently exercisable. 59,348 of these options vest if the closing price of a share of the Company's common stock exceeds $35.00 for twenty (20) consecutive trading days.
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