Gottwald Donald S. 4
4 · KAR Auction Services, Inc. · Filed Feb 25, 2020
Insider Transaction Report
Form 4
Gottwald Donald S.
President and CEO of AFC
Transactions
- Tax Payment
Common Stock
2020-02-24$21.55/sh−534$11,508→ 41,667.479 total - Exercise/Conversion
Restricted Stock Units
2020-02-24−1,865→ 0 total→ Common Stock (1,865 underlying) - Exercise/Conversion
Common Stock
2020-02-22+1,107→ 40,653.479 total - Exercise/Conversion
Common Stock
2020-02-24+1,865→ 42,201.479 total - Exercise/Conversion
Common Stock
2020-02-24+17,951→ 59,618.479 total - Tax Payment
Common Stock
2020-02-24$21.55/sh−5,131$110,573→ 54,487.479 total - Exercise/Conversion
Restricted Stock Units
2020-02-24−17,951→ 0 total→ Common Stock (17,951 underlying) - Exercise/Conversion
Restricted Stock Units
2020-02-22−1,107→ 2,214 total→ Common Stock (1,107 underlying) - Tax Payment
Common Stock
2020-02-22$22.25/sh−317$7,053→ 40,336.479 total
Holdings
- 3,145
Restricted Stock Units
→ Common Stock (3,145 underlying) - 14,708.62
Restricted Stock Units
→ Common Stock (14,708.62 underlying) - 7,290.287
Restricted Stock Units
→ Common Stock (7,290.287 underlying)
Footnotes (11)
- [F1]Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. The restricted stock units vested in common stock on February 22, 2020.
- [F10]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.
- [F11]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]Includes 2,667.5863 shares acquired pursuant to the Company's Employee Stock Purchase Plan.
- [F3]Shares withheld by the Company to satisfy tax withholding requirements.
- [F4]Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis. The restricted stock units vested in common stock on February 24, 2020.
- [F5]Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis.
- [F6]These restricted stock units were subject to a time-vesting requirement and vested and settled in common stock as follows: one-third of these restricted stock units vested on February 24, 2018, one-third of these restricted stock units vested on February 24, 2019 and the remaining one-third of these restricted stock units vested on February 24, 2020.
- [F7]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 March 2, 2019, one-third of these restricted stock units vest on March 2, 2020 and the remaining one-third of these restricted stock units vest on March 2, 2021, assuming continued employment through the applicable vesting date.
- [F8]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 22, 2020, one-third of these restricted stock units vest on February 22, 2021 and the remaining one-third of these restricted stock units vest on February 22, 2022, assuming continued employment through the applicable vesting date.
- [F9]These restricted stock units vested and settled in common stock on February 24, 2020.