Filing Details

Accession Number:
0001690820-24-000195
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-05-03 20:38:00
Reporting Period:
2024-05-01
Accepted Time:
2024-05-03 20:38:00
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
1700540 W. Mark Jenkins C/O Carvana Co.
300 E. Rio Salado Pkwy
Tempe AZ 85281
Chief Financial Officer No Yes 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 2024-05-01 52,663 $0.00 221,523 No 4 A Direct
Class A Common Stock Acquisiton 2024-05-01 50,000 $10.07 271,523 No 4 M Direct
Class A Common Stock Disposition 2024-05-01 1,300 $82.88 270,223 No 4 S Direct
Class A Common Stock Disposition 2024-05-01 830 $83.85 269,393 No 4 S Direct
Class A Common Stock Disposition 2024-05-01 300 $84.88 269,093 No 4 S Direct
Class A Common Stock Disposition 2024-05-01 1,270 $86.83 267,823 No 4 S Direct
Class A Common Stock Disposition 2024-05-01 600 $87.65 267,223 No 4 S Direct
Class A Common Stock Disposition 2024-05-01 600 $88.99 266,623 No 4 S Direct
Class A Common Stock Disposition 2024-05-01 100 $90.23 266,523 No 4 S Direct
Class A Common Stock Disposition 2024-05-01 4,901 $82.62 261,622 No 4 S Direct
Class A Common Stock Disposition 2024-05-01 11,577 $83.42 250,045 No 4 S Direct
Class A Common Stock Disposition 2024-05-01 6,017 $84.28 244,028 No 4 S Direct
Class A Common Stock Disposition 2024-05-01 1,200 $85.53 242,828 No 4 S Direct
Class A Common Stock Disposition 2024-05-01 13,594 $86.75 229,234 No 4 S Direct
Class A Common Stock Disposition 2024-05-01 4,217 $87.57 225,017 No 4 S Direct
Class A Common Stock Disposition 2024-05-01 5,794 $88.69 219,223 No 4 S Direct
Class A Common Stock Disposition 2024-05-01 2,600 $89.68 216,623 No 4 S Direct
Class A Common Stock Disposition 2024-05-01 100 $90.49 216,523 No 4 S Direct
Class A Common Stock Disposition 2024-05-02 4,700 $115.54 211,823 No 4 S Direct
Class A Common Stock Disposition 2024-05-02 10,101 $116.43 201,722 No 4 S Direct
Class A Common Stock Disposition 2024-05-02 3,199 $117.66 198,523 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Stock Options (Right to Buy) Disposition 2024-05-01 50,000 $0.00 50,000 $10.07
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
398,513 2024-04-01 2033-02-22 No 4 M Direct
Footnotes
  1. Represents restricted stock units ("RSUs") granted on February 22, 2023 under the Reporting Person's Performance Restricted Stock Unit Award Agreement between Carvana Co. and the Reporting Person, dated February 22, 2023 ("2023 PRSU Agreement"). The performance condition in the 2023 PRSU Agreement has been met, and all RSUs vested on May 1, 2024.
  2. The reported option exercise and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 15, 2023.
  3. This transaction was executed in multiple trades at prices ranging from $ 82.33 to $83.31, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
  4. This transaction was executed in multiple trades at prices ranging from $ 83.41 to $84.13, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
  5. This transaction was executed in multiple trades at prices ranging from $ 84.60 to $85.42, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
  6. This transaction was executed in multiple trades at prices ranging from $ 86.35 to $87.20, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
  7. This transaction was executed in multiple trades at prices ranging from $ 87.36 to $88.25, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
  8. This transaction was executed in multiple trades at prices ranging from $ 88.50 to $89.33, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
  9. This transaction was executed in multiple trades at prices ranging from $ 82.00 to $82.99, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
  10. This transaction was executed in multiple trades at prices ranging from $ 83.01 to $83.98, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
  11. This transaction was executed in multiple trades at prices ranging from $ 84.02 to $84.89, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
  12. This transaction was executed in multiple trades at prices ranging from $ 85.08 to $86.04, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
  13. This transaction was executed in multiple trades at prices ranging from $ 86.12 to $87.11, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
  14. This transaction was executed in multiple trades at prices ranging from $ 87.14 to $88.11, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
  15. This transaction was executed in multiple trades at prices ranging from $ 88.18 to $89.16, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
  16. This transaction was executed in multiple trades at prices ranging from $ 89.18 to $90.16, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
  17. Represents total number of shares of Class A Common Stock of the Issuer sold to pay required taxes upon vesting of restricted stock units pursuant to various awards.
  18. This transaction was executed in multiple trades at prices ranging from $ 114.92 to $115.88, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
  19. This transaction was executed in multiple trades at prices ranging from $ 115.97 to $116.84, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
  20. This transaction was executed in multiple trades at prices ranging from $ 117.18 to $118.17, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
  21. The non-qualified stock options representing the right to purchase for the exercise price Class A Common Stock of the Issuer vested 25% on April 1, 2024 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.