Form 4 for CVNA Carvana
Accepted 2023-02-24 00:00:00 ET · period of report 2023-02-22 · accession 0001690820-23-000060 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-02-24 | 2023-02-22 | CVNA | GARCIA ERNEST C. III | CEO, Dir, 10% | A - Grant | $0.00 | +99.5K | 872.2K | +13% | $0 |
| D | 2023-02-24 | 2023-02-22 | CVNA | GARCIA ERNEST C. III | CEO, Dir, 10% | A - Grant | $0.00 | +502.6K | 502.6K | New | $0 |
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 | 2023-02-22 | A | A | 99,549 | $0.00 | 872,178 | D | — | — | (F1) Represents shares of Class A Common Stock of Carvana Co. (the "Issuer") underlying restricted stock units acquired by the Reporting Person. The restricted stock units vest 25% on April 1, 2024 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer. |
| 2 | Derivative | Stock Options (Right to Buy) | 2023-02-22 | A | A | 502,619 | $0.00 | 502,619 | D | $10.07 · 2024-04-01 to 2033-02-22 | 502,619 Class A Common Stock | (F8) The non-qualified stock options representing the right to purchase for the exercise price Class A Common Stock of the Issuer vest 25% on April 1, 2024 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer. |