Form 4 for ACVA ACV Auctions Inc.
Accepted 2023-09-01 00:00:00 ET · period of report 2023-08-30 · accession 0001209191-23-048027 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2023-09-01 | 2023-08-30 | ACVA | Hirsch Brian | Dir | C - Cnv Deriv | — | +42.2K | 42.2K | New | — |
| DI | 2023-09-01 | 2023-08-30 | ACVA | Hirsch Brian | Dir | C - Cnv Deriv | — | -42.2K | 0 | -100% | — |
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 | 2023-08-30 | C | A | 42,200 | — | 42,200 | I By Tribeca ACV Holdings, LLC | — | — | (F1) These shares of Class B common stock were converted into Class A common stock on a one-for-one basis for no additional consideration. (F2) The shares are held by Tribeca ACV Holdings, LLC ("TACV"). Tribeca Venture Partners II GP, LLC ("TVP II GP") is the general partner of TACV. The Reporting Person is a managing partner of TVP II GP. The Reporting Person disclaims beneficial ownership of the shares held by TACV, except to the extent of his pecuniary interest, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares. |
| 2 | Derivative | Class B Common Stock | 2023-08-30 | C | D | 42,200 | — | 0 | I By Tribeca ACV Holdings, LLC | — · — to — | 42,200 Class A Common Stock | (F3) Each share of Class B common stock will convert automatically into one share of Class A common stock for no consideration upon any transfer, except for certain permitted transfers, and has no expiration date. (F2) The shares are held by Tribeca ACV Holdings, LLC ("TACV"). Tribeca Venture Partners II GP, LLC ("TVP II GP") is the general partner of TACV. The Reporting Person is a managing partner of TVP II GP. The Reporting Person disclaims beneficial ownership of the shares held by TACV, except to the extent of his pecuniary interest, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares. (F1) These shares of Class B common stock were converted into Class A common stock on a one-for-one basis for no additional consideration. |