James E. Money II - Feb 21, 2023 Form 4 Insider Report for KAR Auction Services, Inc. (KAR)

Role
AFC President
Signature
Charles S. Coleman as Attorney-In-Fact
Stock symbol
KAR
Transactions as of
Feb 21, 2023
Transactions value $
-$5,182
Form type
4
Date filed
2/22/2023, 06:30 PM
Previous filing
Dec 13, 2022
Next filing
May 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KAR Common Stock Options Exercise $0 +1.4K +4.79% $0.00 30.7K Feb 21, 2023 Direct F1
transaction KAR Common Stock Tax liability -$5.18K -367 -1.2% $14.12 30.3K Feb 21, 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KAR Restricted Stock Units Options Exercise $0 -1.4K -100% $0.00* 0 Feb 21, 2023 Common Stock 1.4K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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, 2023.
F2 Shares withheld by the Company to satisfy tax withholding requirements.
F3 Each restricted stock unit is convertible into a share of common stock on a 1-for-1 basis.
F4 These restricted stock units were subject to a time-vesting requirement and vested and settled in common stock on February 21, 2023.