Home > Insider Trading > Filing (0001415889-24-007419)

Filing Details

Accession Number:: 0001415889-24-007419
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-03-08 18:15:29
Reporting Period:: 2024-03-06

Accepted Time:: 2024-03-08 18:15:29
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1637873	Acv Auctions Inc.	ACVA	Services-Business Services, Nec (7389)	472415221

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1851605	Brian Hirsch	C/O Acv Auctions Inc. 640 Ellicott Street, #321 Buffalo NY 14203		No	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	Acquisiton	2024-03-06	1,164,242	$0.00	1,164,242	No	4	C	Indirect	By Tribeca Venture Fund II, L.P.
Class A Common Stock	Acquisiton	2024-03-06	388,081	$0.00	388,081	No	4	C	Indirect	By Tribeca Venture Fund II New York, L.P.
Class A Common Stock	Disposition	2024-03-06	29,072	$18.24	1,135,170	No	4	S	Indirect	Tribeca Venture Fund II, L.P.
Class A Common Stock	Disposition	2024-03-06	9,691	$18.24	378,390	No	4	S	Indirect	Tribeca Venture Fund II New York, L.P.
Class A Common Stock	Disposition	2024-03-07	50,304	$17.96	1,084,866	No	4	S	Indirect	By Tribeca Venture Fund II, L.P.
Class A Common Stock	Disposition	2024-03-07	16,768	$17.96	361,622	No	4	S	Indirect	By Tribeca Venture Fund II New York, L.P.
Class A Common Stock	Disposition	2024-03-08	181,091	$18.31	903,775	No	4	S	Indirect	By Tribeca Venture Fund II, L.P.
Class A Common Stock	Disposition	2024-03-08	60,364	$18.31	301,258	No	4	S	Indirect	By Tribeca Venture Fund II New York, L.P.

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Indirect	By Tribeca Venture Fund II, L.P.
No	4	C	Indirect	By Tribeca Venture Fund II New York, L.P.
No	4	S	Indirect	Tribeca Venture Fund II, L.P.
No	4	S	Indirect	Tribeca Venture Fund II New York, L.P.
No	4	S	Indirect	By Tribeca Venture Fund II, L.P.
No	4	S	Indirect	By Tribeca Venture Fund II New York, L.P.
No	4	S	Indirect	By Tribeca Venture Fund II, L.P.
No	4	S	Indirect	By Tribeca Venture Fund II New York, L.P.

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Class B Common Stock	Disposition	2024-03-06	1,164,242	$0.00	1,164,242	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2024-03-06	388,081	$0.00	388,081	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
4,656,968			No	4	C	Indirect
1,552,324			No	4	C	Indirect

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	168,185	Direct

Footnotes

These shares of Class B common stock were converted into Class A common stock on a one-for-one basis for no additional consideration.
The shares are held by Tribeca Venture Fund II, L.P. ("TVFII"). TVP II GP is the general partner of TVFII. The Reporting Person is a managing partner of TVP II GP. The Reporting Person disclaims beneficial ownership of the shares held by TVFII, except to the extent of his pecuniary interest, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares.
The shares are held by Tribeca Venture Fund II New York, L.P. ("TVFII NY"). TVP II GP is the general partner of TVFII NY. The Reporting Person is a managing partner of TVP II GP. The Reporting Person disclaims beneficial ownership of the shares held by TVFII NY, except to the extent of his pecuniary interest, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.13 to $18.41 inclusive. 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 range set forth in this footnote.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.64 to $18.33 inclusive. 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 range set forth in this footnote.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.84 to $18.67 inclusive. 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 range set forth in this footnote.
Each share of Class B common stock will convert automatically into one share of Class A common stock for no consideration upon any transfer, except for certain permitted transfers, and has no expiration date.