Form 4 for CVNA Carvana
Accepted 2024-11-01 00:00:00 ET · period of report 2024-10-30 · accession 0001690820-24-000362 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-11-01 | 2024-10-30+ | CVNA | BREAUX PAUL W. | See Remarks | F - Tax | $209.39 | -6,446 | 134.4K | -5% | -$1.35M |
| D | 2024-11-01 | 2024-10-31 | CVNA | BREAUX PAUL W. | See Remarks | M - OptEx | $10.07 | +30.0K | 165.0K | +22% | +$302.1K |
| DM | 2024-11-01 | 2024-10-31 | CVNA | BREAUX PAUL W. | See Remarks | S - Sale+OE | $240.22 | -30.0K | 135.0K | -18% | -$7.21M |
| D | 2024-11-01 | 2024-10-30 | CVNA | BREAUX PAUL W. | See Remarks | A - Grant | $0.00 | +14.1K | 140.9K | +11% | $0 |
| D | 2024-11-01 | 2024-10-31 | CVNA | BREAUX PAUL W. | See Remarks | M - OptEx | $0.00 | -30.0K | 279.3K | -10% | $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 | 2024-10-30 | F | D | 5,829 | $207.31 | 135,025 | D | — | — | (F2) Represents shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of RSUs under the Performance Restricted Stock Unit Award Agreement. |
| 2 | Common | Class A Common Stock | 2024-10-31 | M | A | 30,000 | $10.07 | 165,025 | D | — | — | |
| 3 | Common | Class A Common Stock | 2024-10-31 | S | D | 120 | $237.31 | 164,905 | D | — | — | (F4) This transaction was executed in multiple trades at prices ranging from $ 237.25 to $237.33, 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. |
| 4 | Common | Class A Common Stock | 2024-10-30 | A | A | 14,096 | $0.00 | 140,854 | D | — | — | (F1) Represents restricted stock units ("RSUs") granted on January 24, 2024 under the Reporting Person's Performance Restricted Stock Unit Award Agreement between Carvana Co. and the Reporting Person, dated January 24, 2024. The performance condition for the RSUs reported herein has been met, and all RSUs reported herein vested on October 30, 2024 |
| 5 | Common | Class A Common Stock | 2024-10-31 | S | D | 26,980 | $240.09 | 137,925 | D | — | — | (F5) This transaction was executed in multiple trades at prices ranging from $ 239.61 to $240.23, 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 | 2024-10-31 | S | D | 2,900 | $241.51 | 135,025 | D | — | — | (F6) This transaction was executed in multiple trades at prices ranging from $ 241.13 to $241.65, 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. |
| 7 | Common | Class A Common Stock | 2024-11-01 | F | D | 617 | $229.08 | 134,408 | D | — | — | (F7) Represents total number of shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units pursuant to various awards. |
| 8 | Derivative | Stock Options (Right to Buy) | 2024-10-31 | M | D | 30,000 | $0.00 | 279,334 | D | $10.07 · 2024-04-01 to 2033-02-22 | 30,000 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. |