Filing Details
- Accession Number:
- 0000950170-23-048862
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-09-19 19:00:30
- Reporting Period:
- 2023-09-12
- Accepted Time:
- 2023-09-19 19:00:30
- 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 | 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 | 2023-09-13 | 0 | $0.00 | 0 | No | 4 | S | Indirect | See footnote |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Indirect | See footnote |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Class A Common Stock | 276,550 | Direct |
Footnotes
- 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.
- 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.
- 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
Billionaire Hedge Funds
