Form 4 for ACVA ACV Auctions Inc.
Accepted 2021-11-30 00:00:00 ET · period of report 2021-11-26 · accession 0000899243-21-046326 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2021-11-30 | 2021-11-26+ | ACVA | GOODMAN ROBERT P | Dir | S - Sale | $21.27 | -44.6K | 30.6K | -59% | -$949.0K |
| M | 2021-11-30 | 2021-11-26+ | ACVA | GOODMAN ROBERT P | Dir | S - Sale | $21.20 | -23.5K | 517.1K | -4% | -$497.6K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2021-11-29 | S | D | 24,850 | $21.30 | 29,145 | I | — | — | (F8) On November 29, 2021, Cracktuxet II sold 29,145 shares of Class A Common Stock of the Issuer (the "11/29 Cracktuxet Shares"). The 11/29 Cracktuxet Shares were sold in multiple executions at a price per share ranging from $21.00 to $21.46, with an average execution price per share of $21.30. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding such individual executions. |
| 2 | Common | Class A Common Stock | 2021-11-29 | S | D | 14,062 | $21.30 | 16,494 | I | — | — | (F7) On November 29, 2021, the NB Group sold 14,062 shares of Class A Common Stock of the Issuer (the "11/29 NB Shares"). The 11/29 NB Shares were sold in multiple executions at a price per share ranging from $21.00 to $21.46, with an average execution price per share of $21.30. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding such individual executions. |
| 3 | Common | Class A Common Stock | 2021-11-29 | S | D | 11,737 | $21.30 | 479,072 | D See footnote | — | — | (F6) On November 29, 2021, the Reporting Person sold 11,737 shares of Class A Common Stock of the Issuer (the "11/29 Shares"). The 11/29 Shares were sold in multiple executions at a price per share ranging from $21.00 to $21.46, with an average execution price per share of $21.30. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding such individual executions. (F5) The shares reported are held by Cracktuxet II. Cracktuxet II is controlled by the Reporting Person, and the Reporting Person disclaims beneficial ownership of the shares held by this entity, except to the extent of his pecuniary interest therein, if any. |
| 4 | Common | Class A Common Stock | 2021-11-26 | S | D | 3,649 | $21.00 | 53,995 | I See footnote | — | — | (F4) On November 26, 2021, Cracktuxet II, LLC ("Cracktuxet II") sold 7,666 shares of Class A Common Stock of the Issuer (the " Cracktuxet Shares"). The Cracktuxet Shares were sold in multiple executions at a price per share ranging from $21.00 to $21.21, with an average execution price per share of $21.10. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding such individual executions. (F3) The shares reported are held by the NB Group. NB Group is controlled by the Reporting Person, and the Reporting Person disclaims beneficial ownership of the shares held by this entity, except to the extent of his pecuniary interest therein, if any. |
| 5 | Common | Class A Common Stock | 2021-11-26 | S | D | 11,737 | $21.10 | 517,120 | D See footnote | — | — | (F1) On November 26, 2021, the Reporting Person sold 11,737 shares of Class A Common Stock of the Issuer (the "Shares"). The Shares were sold in multiple executions at a price per share ranging from $21.00 to $21.21, with an average execution price per share of $21.10. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding such individual executions. (F3) The shares reported are held by the NB Group. NB Group is controlled by the Reporting Person, and the Reporting Person disclaims beneficial ownership of the shares held by this entity, except to the extent of his pecuniary interest therein, if any. |
| 6 | Common | Class A Common Stock | 2021-11-26 | S | D | 2,065 | $21.10 | 30,556 | I See footnote | — | — | (F2) On November 26, 2021, the NB Group, LLC ("NB Group") sold 4,338 shares of Class A Common Stock of the Issuer (the "NB Shares"). The NB Shares were sold in multiple executions at a price per share ranging from $21.00 to $21.21, with an average execution price per share of $21.10. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding such individual executions. (F5) The shares reported are held by Cracktuxet II. Cracktuxet II is controlled by the Reporting Person, and the Reporting Person disclaims beneficial ownership of the shares held by this entity, except to the extent of his pecuniary interest therein, if any. |