KAR Auction Services, Inc. 4
4 · KAR Auction Services, Inc. · Filed Jan 4, 2016
Insider Transaction Report
Form 4
FORMANEK PETER R
Director
Transactions
- Award
Common Stock
2015-12-31$37.03/sh+507$18,774→ 38,814 total
Footnotes (2)
- [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.
- [F2]2,620 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 3, 2015) and such grant is subject to forfeiture until vested.