Filing Details
- Accession Number:
- 0001690820-19-000199
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-08-12 18:17:49
- Reporting Period:
- 2019-08-08
- Accepted Time:
- 2019-08-12 18:17:49
- 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
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2019-08-08 | 10,481 | $0.00 | 32,863 | No | 4 | C | Direct | |
| Class A Common Stock | Disposition | 2019-08-08 | 10,481 | $72.68 | 22,382 | No | 4 | S | Direct | |
| Class B Common Stock | Disposition | 2019-08-08 | 10,481 | $0.00 | 53,533 | No | 4 | J | Direct | |
| Class A Common Stock | Acquisiton | 2019-08-09 | 13,800 | $0.00 | 36,182 | No | 4 | C | Direct | |
| Class A Common Stock | Disposition | 2019-08-09 | 13,800 | $74.55 | 22,382 | No | 4 | S | Direct | |
| Class B Common Stock | Disposition | 2019-08-09 | 13,800 | $0.00 | 39,733 | No | 4 | J | Direct | |
| Class A Common Stock | Acquisiton | 2019-08-12 | 14,000 | $0.00 | 36,382 | No | 4 | C | Direct | |
| Class A Common Stock | Disposition | 2019-08-12 | 14,000 | $79.58 | 22,382 | No | 4 | S | Direct | |
| Class B Common Stock | Disposition | 2019-08-12 | 14,000 | $0.00 | 25,733 | No | 4 | J | Direct | |
| Class A Common Stock | Acquisiton | 2019-08-09 | 800 | $0.00 | 800 | No | 4 | C | Indirect | By Son |
| Class A Common Stock | Disposition | 2019-08-09 | 800 | $75.00 | 0 | No | 4 | S | Indirect | By Son |
| Class B Common Stock | Disposition | 2019-08-09 | 800 | $0.00 | 3,078 | No | 4 | J | Indirect | By Son |
| Class A Common Stock | Disposition | 2019-08-09 | 350 | $75.00 | 1,150 | 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 | Direct | |
| No | 4 | S | Direct | |
| No | 4 | J | Direct | |
| 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
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Class A Units | Disposition | 2019-08-08 | 13,102 | $0.00 | 10,481 | $0.00 |
| Class A Common Stock | Class A Units | Disposition | 2019-08-09 | 17,250 | $0.00 | 13,800 | $0.00 |
| Class A Common Stock | Class A Units | Disposition | 2019-08-12 | 17,500 | $0.00 | 14,000 | $0.00 |
| Class A Common Stock | Class A Units | Disposition | 2019-08-09 | 1,000 | $0.00 | 800 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 66,916 | No | 4 | C | Direct | ||
| 49,666 | No | 4 | C | Direct | ||
| 32,166 | No | 4 | C | Direct | ||
| 3,848 | 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 "Trading Plan"). The Reporting Person acquired the Class A Common Stock on August 8, 2019 by exchanging 13,102 Class A common units of Carvana Group, LLC ("Class A Units") for 10,481 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 $72.50 to $73.10, 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 the Trading Plan. The Reporting Person acquired the Class A Common Stock on August 9, 2019 by exchanging 17,250 Class A Units for 13,800 shares of Class A Common Stock pursuant to the Exchange Agreement.
- This transaction was executed in multiple trades at prices ranging from $74.50 to $74.72, inclusive; the price reported above reflects the volume weighted average sale price.
- The reported sales were effected pursuant to the Trading Plan. The Reporting Person acquired the Class A Common Stock on August 12, 2019 by exchanging 17,500 Class A Units for 14,000 shares of Class A Common Stock pursuant to the Exchange Agreement.
- This transaction was executed in multiple trades at prices ranging from $79.50 to $79.72, inclusive; the price reported above reflects the volume weighted average sale price.
- 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 August 9, 2019 by exchanging 1,000 Class A Units for 800 shares of Class A Common Stock pursuant to the Exchange Agreement.
- 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.
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