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Filing Details

Accession Number:: 0001690820-19-000111
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-05-14 19:47:02
Reporting Period:: 2019-05-10

Accepted Time:: 2019-05-14 19:47:02
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1690820	Carvana Co.	CVNA	Retail-Auto Dealers & Gasoline Stations (5500)	814549921

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1702455	J. Ira Platt	C/O Carvana Co. 1930 W. Rio Salado Parkway Tempe AZ 85281		Yes	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2019-05-10	59,719	$0.00	82,101	No	4	C	Direct
Class A Common Stock	Disposition	2019-05-10	59,719	$71.28	22,382	No	4	S	Direct
Class B Common Stock	Disposition	2019-05-10	59,719	$0.00	64,014	No	4	J	Direct
Class A Common Stock	Acquisiton	2019-05-10	3,000	$0.00	3,000	No	4	C	Indirect	By Son
Class A Common Stock	Disposition	2019-05-10	3,000	$71.55	0	No	4	S	Indirect	By Son
Class B Common Stock	Disposition	2019-05-10	3,000	$0.00	3,878	No	4	J	Indirect	By Son
Class A Common Stock	Disposition	2019-05-10	1,000	$72.19	1,500	No	4	S	Indirect	By Parents

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Direct
No	4	S	Direct
No	4	J	Direct
No	4	C	Indirect	By Son
No	4	S	Indirect	By Son
No	4	J	Indirect	By Son
No	4	S	Indirect	By Parents

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Class A Units	Disposition	2019-05-10	74,649	$0.00	59,719	$0.00
Class A Common Stock	Class A Units	Disposition	2019-05-10	3,750	$0.00	3,000	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
80,018			No	4	C	Direct
4,848			No	4	C	Indirect

Footnotes

The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2019. The Reporting Person acquired the Class A Common Stock on May 10, 2019 by exchanging 74,649 Class A common units of Carvana Group, LLC ("Class A Units") for 59,719 shares of Class A Common Stock pursuant to an exchange agreement among the Issuer and certain common unit holders of Carvana Group, LLC, dated April 27, 2017 (the "Exchange Agreement").
Pursuant to the Exchange Agreement, the Class A Units are exchangeable for 0.8 shares of Class A Common Stock of the Issuer. The Class A Units have no expiration date.
This transaction was executed in multiple trades at prices ranging from $69.61 to $74.50, inclusive; the price reported above reflects the volume weighted average sale price.
Reflects the cancellation for no consideration of Class B Common Stock in connection with the conversion of Class A Units into Class A Common Stock.
The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person's son on March 15, 2019. The Reporting Person's son acquired the Class A Common Stock on May 10, 2019 by exchanging 3,750 Class A Units and 3,000 shares of Class B Common Stock for 3,000 shares of Class A Common Stock pursuant to the Exchange Agreement.
This transaction was executed in multiple trades at prices ranging from $70.78 to $74.38, inclusive; the price reported above reflects the volume weighted average sale price.
Reflects the cancellation for no consideration of Class B Common Stock in connection with the conversion of Class A Units into Class A Common Stock. Following the reported transaction, the remaining Class B Common Stock is owned directly by the Reporting Person's son.
The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person's parents on March 15, 2019.
This transaction was executed in multiple trades at prices ranging from $71.61 to $72.27, inclusive; the price reported above reflects the volume weighted average sale price.