Form 4 for CVNA Carvana

Accepted 2022-04-26 00:00:00 ET · period of report 2022-04-26 · accession 0001209191-22-025696 · 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	2022-04-26	2022-04-26	CVNA	GARCIA ERNEST C. II	10%	P - Purchase	$80.00	+1.74M	593.1K	New	+$139.00M
	2022-04-26	2022-04-26	CVNA	GARCIA ERNEST C. II	10%	P - Purchase	$80.00	+3.36M	3.36M	New	+$269.00M

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class A Common Stock	2022-04-26	P	A	850,000	$80.00	850,000	I Ernest Irrevocable 2004 Trust III	—	—	(F2) These Class A Shares are owned directly by the Ernest Irrevocable 2004 Trust III (the "2004 Trust"). Mr. Garcia may have shared voting and dispositive power with respect to the Class A Shares held by the 2004 Trust. Mr. Garcia is a non-voting co-trustee with respect to the 2004 Trust and Mr. Garcia's son, Ernie Garcia III, is the sole beneficiary.
2	Common	Class A Common Stock	2022-04-26	P	A	850,000	$80.00	950,000	I Ernest C. Garcia III Multi-Generational Trust III	—	—	(F3) These Class A Shares are owned directly by the Ernest C. Garcia III Multi-Generational Trust III (the "Multi-Generational Trust"). Mr. Garcia may have shared voting and dispositive power with respect to the Class A Shares held by the Multi-Generational Trust. Mr. Garcia is a non-voting co-trustee with respect to the Multi-Generational Trust, and Ernie Garcia III and his children are the sole beneficiaries.
3	Common	Class A Common Stock	2022-04-26	P	A	3,362,500	$80.00	3,362,500	D	—	—
4	Common	Class A Common Stock	2022-04-26	P	A	37,500	$80.00	593,056	I Verde Investments, Inc.	—	—	(F1) These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.