AI assistant
OPENLANE, Inc. — Director's Dealing 2022
Mar 1, 2022
31385_dirs_2022-03-01_a420291e-e81a-420e-a291-f54a35616227.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: KAR Auction Services, Inc. (KAR)
CIK: 0001395942
Period of Report: 2022-02-28
Reporting Person: Anderson Scott A (Chief Accounting Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-02-28 | Restricted Stock Units | $ | A | 6230 | Acquired | Common Stock (6230.0) | Direct |
Footnotes
F1: Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis.
F2: 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 vest on February 28, 2023, one-third of these restricted stock units vest on February 28, 2024 and the remaining one-third of these restricted stock units vest on February 28, 2025, assuming continued employment through the applicable vesting date.