Gottwald Donald S. 4
4 · KAR Auction Services, Inc. · Filed Mar 3, 2020
Insider Transaction Report
Form 4
Gottwald Donald S.
President and CEO of AFC
Transactions
- Exercise/Conversion
Common Stock
2020-03-02+1,572→ 57,358.181 total - Tax Payment
Common Stock
2020-03-02$20.21/sh−686$13,864→ 56,672.181 total - Exercise/Conversion
Restricted Stock Units
2020-03-02−1,572→ 1,573 total→ Common Stock (1,572 underlying)
Holdings
- 7,290.287
Restricted Stock Units
→ Common Stock (7,290.287 underlying) - 2,214
Restricted Stock Units
→ Common Stock (2,214 underlying) - 14,708.62
Restricted Stock Units
→ Common Stock (14,708.62 underlying)
Footnotes (8)
- [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 March 2, 2020.
- [F2]Includes 3,966.2876 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.
- [F5]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 vested 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.
- [F6]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.
- [F7]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.
- [F8]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.