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OPENLANE, Inc. — Director's Dealing 2021
Jun 8, 2021
31385_dirs_2021-06-08_bf0e6169-ed81-4e45-87ae-783ddb5db056.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: 2021-06-04
Reporting Person: Smith Mary Ellen (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-06-04 | Phantom Stock | $ | A | 7132 | Acquired | Common Stock (7132.0) | 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. The shares of phantom stock vest on June 4, 2022, and are 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 her subject to the terms and conditions of the KAR Auction Services, Inc. Directors Deferred Compensation Plan.