Form 4 for CVNA Carvana
Accepted 2022-04-28 00:00:00 ET · period of report 2022-04-26 · accession 0001690820-22-000141 · 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 | 2022-04-28 | 2022-04-26 | CVNA | GARCIA ERNEST C. III | CEO, Dir, 10% | P - Purchase | $80.00 | +1.70M | 850.0K | New | +$136.00M |
| 2022-04-28 | 2022-04-26 | CVNA | GARCIA ERNEST C. III | CEO, Dir, 10% | P - Purchase | $80.00 | +300.0K | 804.8K | +59% | +$24.00M |
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 | 2022-04-26 | P | A | 850,000 | $80.00 | 950,000 | I Ernest Irrevocable 2004 Trust III | — | — | (F5) These Class A Shares are held directly by the the Irrevocable Trust. The Reporting Person is the Co-Administrative Trustee and Co-Investment Trustee of the Irrevocable Trust and therefore shares voting and dispositive power over the shares held directly by the Irrevocable Trust. (F4) The Ernest Irrevocable 2004 Trust III (the "Irrevocable Trust"), for which the reporting person is the Co-Administrative Trustee and Co-Investment Trustee, purchased 850,000 shares of the issuer's common stock at the public offering price in a registered common stock offering by the issuer which closed on April 26, 2022. |
| 2 | Common | Class A Common Stock | 2022-04-26 | P | A | 850,000 | $80.00 | 850,000 | I | — | — | |
| 3 | Common | Class A Common Stock | 2022-04-26 | P | A | 300,000 | $80.00 | 804,809 | D Ernest C. Garcia III Multi-Generational Trust III | — | — | (F2) The Ernest C. Garcia III Multi-Generational Trust III (the "Trust"), for which the reporting person is the Co-Administrative Trustee and Co-Investment Trustee, purchased 850,000 shares of the issuer's common stock at the public offering price in a registered common stock offering by the issuer which closed on April 26, 2022. (F3) These Class A Shares are held directly by the Trust. The Reporting Person is the Co-Administrative Trustee and Co-Investment Trustee of the Trust and therefore shares voting and dispositive power over the shares held directly by the Trust. |