Filing Details

Accession Number:
0000950170-23-048860
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-09-19 18:59:27
Reporting Period:
2023-09-14
Accepted Time:
2023-09-19 18:59:27
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1637873 Acv Auctions Inc. ACVA () E9
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1624149 L.p. Institutional Ix Partners Venture Bessemer C/O Bessemer Venture Partners
1865 Palmer Ave., Suite 104
Larchmont NY 10538
No No No No
1655213 L.p. Ix Partners Venture Bessemer C/O Bessemer Venture Partners
1865 Palmer Ave., Suite 104
Larchmont NY 10538
No No No No
1655219 Deer Ix & Co. L.p. C/O Bessemer Venture Partners
1865 Palmer Ave., Suite 104
Larchmont NY 10538
No No No No
1655220 Deer Ix & Co. Ltd. C/O Bessemer Venture Partners
1865 Palmer Ave., Suite 104
Larchmont NY 10538
No No No No
1772240 15 Angels Iii Llc C/O Bessemer Venture Partners
1865 Palmer Avenue, Suite 104
Larchmont NY 10538
No 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 Disposition 2023-09-14 39,073 $15.80 1,814,592 No 4 S Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnote
Footnotes
  1. On September 14, 2023, Bessemer Venture Partners IX L.P. ("BVP IX"), Bessemer Venture Partners IX Institutional L.P. ("BVP IX Inst"), and 15 Angels III LLC. ("15 Angels" and together with BVP IX and BVP IX Inst, the "BVP IX Funds") sold 21,496, 17,221, and 356 Class A Common Stock of ACV Auctions, Inc., respectively, at a weighted average price of $15.80. These shares were sold in multiple transactions at prices ranging from $15.68 to $16.00. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  2. After the reported transaction, BVP IX, BVP IX Inst, and 15 Angels own 998,279 shares, 799,774 shares, and 16,539 shares, respectively, of Class A Common Stock.
  3. Deer IX & Co. Ltd. ("Deer Ltd.") is the general partner of Deer IX & Co. L.P. ("Deer L.P."), which is the general partner of the BVP IX Funds. Deer Ltd. and Deer L.P. disclaim beneficial ownership of the securities held by the BVP IX Funds, and this report shall not be deemed an admission that Deer Ltd. and Deer L.P. are the beneficial owners of such securities, except to the extent of their pecuniary interest therein, if any, by virtue of their direct and indirect general partner interests in the BVP IX Funds.