Skuy Benjamin 4
4 · KAR Auction Services, Inc. · Filed Feb 23, 2021
Insider Transaction Report
Form 4
Skuy Benjamin
EVP of International Markets
Transactions
- Exercise/Conversion
Common Stock
2021-02-22+641→ 113,117.055 total - Exercise/Conversion
Restricted Stock Units
2021-02-22−641→ 641 total→ Common Stock (641 underlying) - Exercise/Conversion
Restricted Stock Units
2021-02-21−1,369→ 2,739 total→ Common Stock (1,369 underlying) - Exercise/Conversion
Common Stock
2021-02-21+1,369→ 113,209.055 total - Tax Payment
Common Stock
2021-02-21$14.78/sh−733$10,834→ 112,476.055 total - Tax Payment
Common Stock
2021-02-22$14.58/sh−344$5,016→ 112,773.055 total
Holdings
- 4,248.186
Restricted Stock Units
→ Common Stock (4,248.186 underlying) - 454
Restricted Stock Units
→ Common Stock (454 underlying) - 4,222.233
Restricted Stock Units
→ Common Stock (4,222.233 underlying)
Footnotes (10)
- [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 21, 2021.
- [F10]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.
- [F2]Includes 3,963.2526 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 22, 2021.
- [F5]Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis.
- [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 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.
- [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 February 22, 2020, one-third of these restricted stock units vested 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.
- [F8]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.
- [F9]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.