Form 4 for CVNA Carvana
Accepted 2024-05-03 00:00:00 ET · period of report 2024-05-01 · accession 0001690820-24-000195 · 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 | 2024-05-03 | 2024-05-01 | CVNA | JENKINS MARK W. | CFO | A - Grant | $0.00 | +52.7K | 221.5K | +31% | $0 |
| D | 2024-05-03 | 2024-05-01 | CVNA | JENKINS MARK W. | CFO | M - OptEx | $10.07 | +50.0K | 271.5K | +23% | +$503.5K |
| DM | 2024-05-03 | 2024-05-01+ | CVNA | JENKINS MARK W. | CFO | S - Sale+OE | $93.27 | -73.0K | 261.6K | -22% | -$6.81M |
| D | 2024-05-03 | 2024-05-01 | CVNA | JENKINS MARK W. | CFO | M - OptEx | $0.00 | -50.0K | 398.5K | -11% | $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 | 2024-05-01 | A | A | 52,663 | $0.00 | 221,523 | D | — | — | (F1) Represents restricted stock units ("RSUs") granted on February 22, 2023 under the Reporting Person's Performance Restricted Stock Unit Award Agreement between Carvana Co. and the Reporting Person, dated February 22, 2023 ("2023 PRSU Agreement"). The performance condition in the 2023 PRSU Agreement has been met, and all RSUs vested on May 1, 2024. |
| 2 | Common | Class A Common Stock | 2024-05-01 | M | A | 50,000 | $10.07 | 271,523 | D | — | — | |
| 3 | Common | Class A Common Stock | 2024-05-02 | S | D | 3,199 | $117.66 | 198,523 | D | — | — | (F17) Represents total number of shares of Class A Common Stock of the Issuer sold to pay required taxes upon vesting of restricted stock units pursuant to various awards. (F20) This transaction was executed in multiple trades at prices ranging from $ 117.18 to $118.17, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price. |
| 4 | Common | Class A Common Stock | 2024-05-02 | S | D | 10,101 | $116.43 | 201,722 | D | — | — | (F17) Represents total number of shares of Class A Common Stock of the Issuer sold to pay required taxes upon vesting of restricted stock units pursuant to various awards. (F19) This transaction was executed in multiple trades at prices ranging from $ 115.97 to $116.84, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price. |
| 5 | Common | Class A Common Stock | 2024-05-02 | S | D | 4,700 | $115.54 | 211,823 | D | — | — | (F17) Represents total number of shares of Class A Common Stock of the Issuer sold to pay required taxes upon vesting of restricted stock units pursuant to various awards. (F18) This transaction was executed in multiple trades at prices ranging from $ 114.92 to $115.88, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price. |
| 6 | Common | Class A Common Stock | 2024-05-01 | S | D | 100 | $90.49 | 216,523 | D | — | — | |
| 7 | Common | Class A Common Stock | 2024-05-01 | S | D | 2,600 | $89.68 | 216,623 | D | — | — | (F16) This transaction was executed in multiple trades at prices ranging from $ 89.18 to $90.16, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price. |
| 8 | Common | Class A Common Stock | 2024-05-01 | S | D | 5,794 | $88.69 | 219,223 | D | — | — | (F15) This transaction was executed in multiple trades at prices ranging from $ 88.18 to $89.16, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price. |
| 9 | Common | Class A Common Stock | 2024-05-01 | S | D | 4,217 | $87.57 | 225,017 | D | — | — | (F14) This transaction was executed in multiple trades at prices ranging from $ 87.14 to $88.11, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price. |
| 10 | Common | Class A Common Stock | 2024-05-01 | S | D | 13,594 | $86.75 | 229,234 | D | — | — | (F13) This transaction was executed in multiple trades at prices ranging from $ 86.12 to $87.11, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price. |
| 11 | Common | Class A Common Stock | 2024-05-01 | S | D | 1,200 | $85.53 | 242,828 | D | — | — | (F12) This transaction was executed in multiple trades at prices ranging from $ 85.08 to $86.04, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price. |
| 12 | Common | Class A Common Stock | 2024-05-01 | S | D | 6,017 | $84.28 | 244,028 | D | — | — | (F11) This transaction was executed in multiple trades at prices ranging from $ 84.02 to $84.89, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price. |
| 13 | Common | Class A Common Stock | 2024-05-01 | S | D | 11,577 | $83.42 | 250,045 | D | — | — | (F10) This transaction was executed in multiple trades at prices ranging from $ 83.01 to $83.98, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price. |
| 14 | Common | Class A Common Stock | 2024-05-01 | S | D | 1,300 | $82.88 | 270,223 | D | — | — | (F3) This transaction was executed in multiple trades at prices ranging from $ 82.33 to $83.31, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price. |
| 15 | Common | Class A Common Stock | 2024-05-01 | S | D | 830 | $83.85 | 269,393 | D | — | — | (F4) This transaction was executed in multiple trades at prices ranging from $ 83.41 to $84.13, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price. |
| 16 | Common | Class A Common Stock | 2024-05-01 | S | D | 300 | $84.88 | 269,093 | D | — | — | (F5) This transaction was executed in multiple trades at prices ranging from $ 84.60 to $85.42, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price. |
| 17 | Common | Class A Common Stock | 2024-05-01 | S | D | 1,270 | $86.83 | 267,823 | D | — | — | (F6) This transaction was executed in multiple trades at prices ranging from $ 86.35 to $87.20, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price. |
| 18 | Common | Class A Common Stock | 2024-05-01 | S | D | 600 | $87.65 | 267,223 | D | — | — | (F7) This transaction was executed in multiple trades at prices ranging from $ 87.36 to $88.25, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price. |
| 19 | Common | Class A Common Stock | 2024-05-01 | S | D | 600 | $88.99 | 266,623 | D | — | — | (F8) This transaction was executed in multiple trades at prices ranging from $ 88.50 to $89.33, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price. |
| 20 | Common | Class A Common Stock | 2024-05-01 | S | D | 100 | $90.23 | 266,523 | D | — | — | |
| 21 | Common | Class A Common Stock | 2024-05-01 | S | D | 4,901 | $82.62 | 261,622 | D | — | — | (F9) This transaction was executed in multiple trades at prices ranging from $ 82.00 to $82.99, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price. |
| 22 | Derivative | Stock Options (Right to Buy) | 2024-05-01 | M | D | 50,000 | $0.00 | 398,513 | D | $10.07 · 2024-04-01 to 2033-02-22 | 50,000 Class A Common Stock | (F21) The non-qualified stock options representing the right to purchase for the exercise price Class A Common Stock of the Issuer vested 25% on April 1, 2024 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer. |