Filing Details

Accession Number:
0001690820-19-000227
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-09-09 17:00:44
Reporting Period:
2019-09-05
Accepted Time:
2019-09-09 17:00:44
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 2019-09-05 10,700 $0.00 33,082 No 4 C Direct
Class A Common Stock Disposition 2019-09-05 10,700 $84.51 22,382 No 4 S Direct
Class B Common Stock Disposition 2019-09-05 10,700 $0.00 733 No 4 J Direct
Class A Common Stock Disposition 2019-09-05 300 $85.00 850 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 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 2019-09-05 13,375 $0.00 10,700 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
916 No 4 C Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class B Common Stock 3,078 Indirect By Son
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock Class A Units $0.00 3,078 3,848 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
3,078 3,848 Indirect
Footnotes
  1. 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 September 5, 2019 by exchanging 13,375 Class A common units of Carvana Group, LLC ("Class A Units") for 10,700 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").
  2. 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.
  3. This transaction was executed in multiple trades at prices ranging from $84.50 to $84.56, inclusive; the price reported above reflects the volume weighted average sale price.
  4. 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.
  5. The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person's parents on March 15, 2019.
  6. This transaction was executed in multiple trades at prices ranging from $85.00 to $85.01, inclusive; the price reported above reflects the volume weighted average sale price.