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OPENLANE, Inc. — Director's Dealing 2021
Mar 4, 2021
31385_dirs_2021-03-04_68d1067e-3ee5-4e8a-92b4-df6650748e8e.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: KAR Auction Services, Inc. (KAR)
CIK: 0001395942
Period of Report: 2021-03-01
Reporting Person: Anderson Scott A (Chief Accounting Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 13577.3407 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | Common Stock (635.274) | Direct | ||
| Restricted Stock Units | $ | Common Stock (303.383) | Direct | ||
| Restricted Stock Units | $ | Common Stock (774.777) | Direct | ||
| Restricted Stock Units | $ | Common Stock (1285.8) | Direct | ||
| Restricted Stock Units | $ | Common Stock (259.0) | Direct |
Footnotes
F1: These restricted stock units remain subject to a time-vesting requirement and are scheduled to vest and settle in common stock on February 22, 2022, assuming continued employment through the applicable vesting date.
F2: Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis.
F3: These restricted stock units remain subject to a time-vesting requirement and are scheduled to vest and settle in common stock on March 2, 2021, assuming continued employment through the applicable vesting date.
F4: These restricted stock units remain subject to a time-vesting requirement and are scheduled to vest and settle in common stock as follows: one-third of these restricted stock units vested on February 21, 2021, one-third of these restricted stock units vest on February 21, 2022 and the remaining one-third of these restricted stock units vest on February 21, 2023, assuming continued employment through the applicable vesting date.