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Filing Details

Accession Number:: 0000899243-21-046588
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-12-02 16:52:50
Reporting Period:: 2021-11-30

Accepted Time:: 2021-12-02 16:52:50
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1637873	Acv Auctions Inc.	ACVA	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1252022	P Robert Goodman	C/O Acv Auctions Inc. 640 Ellicott Street, #321 Buffalo NY 14203		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	Disposition	2021-11-30	44,627	$21.13	434,445	No	4	S	Direct
Class A Common Stock	Disposition	2021-11-30	16,494	$21.13	0	No	4	S	Indirect	See footnote
Class A Common Stock	Disposition	2021-11-30	29,145	$21.13	0	No	4	S	Indirect	See footnote
Class A Common Stock	Disposition	2021-12-01	11,737	$21.04	429,369	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	S	Indirect	See footnote
No	4	S	Indirect	See footnote
No	4	S	Direct

Footnotes

On November 30, 2021, the Reporting Person sold 44,627 shares of Class A Common Stock of the Issuer (the "Shares"). The Shares were sold in multiple executions at a price per share ranging from $21.00 to $21.49, with an average execution price per share of $21.13. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding such individual executions.
On November 30, 2021, the NB Group, LLC ("NB Group") sold 16,494 shares of Class A Common Stock of the Issuer (the "NB Shares"). The NB Shares were sold in multiple executions at a price per share ranging from $21.00 to $21.49, with an average execution price per share of $21.13. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding such individual executions.
The shares reported are held by the NB Group. NB Group is controlled by the Reporting Person, and the Reporting Person disclaims beneficial ownership of the shares held by this entity, except to the extent of his pecuniary interest therein, if any.
On November 30, 2021, Cracktuxet II, LLC ("Cracktuxet II") sold 29,145 shares of Class A Common Stock of the Issuer (the " Cracktuxet Shares"). The Cracktuxet Shares were sold in multiple executions at a price per share ranging from $21.00 to $21.49, with an average execution price per share of $21.13. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding such individual executions.
The shares reported are held by Cracktuxet II. Cracktuxet II is controlled by the Reporting Person, and the Reporting Person disclaims beneficial ownership of the shares held by this entity, except to the extent of his pecuniary interest therein, if any.
On December 1, 2021, the Reporting Person sold 5,076 shares of Class A Common Stock of the Issuer (the "12/1 Shares"). The 12/1 Shares were sold in multiple executions at a price per share ranging from $21.00 to $21.22, with an average execution price per share of $21.04. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding such individual executions.