Peter J. Kelly - 11 May 2022 Form 4 Insider Report for KAR Auction Services, Inc. (KAR)

Role
Chief Executive Officer, Director
Signature
Charles S. Coleman as Attorney-In-Fact
Issuer symbol
KAR
Transactions as of
11 May 2022
Net transactions value
+$601,884
Form type
4
Filing time
13 May 2022, 16:38:55 UTC
Previous filing
23 Feb 2022
Next filing
13 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KAR Common Stock Purchase $125,800 +10,000 +4.4% $12.58 239,020 11 May 2022 Direct F1, F2
transaction KAR Common Stock Purchase $476,084 +35,958 +15% $13.24 274,978 11 May 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $12.48 to $12.59 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F2 Includes shares acquired pursuant to the Company's Employee Stock Purchase Plan.
F3 The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $13.05 to $13.33 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.