CVAN Holdings LLC 4
4 · CARVANA CO. · Filed Apr 3, 2020
Insider Transaction Report
Form 4
CARVANA CO.CVNA
CVAN Holdings LLC
10% Owner
Transactions
- Purchase
Class A Common Stock
2020-04-01$45.00/sh+400,000$18,000,000→ 900,000 total
Footnotes (2)
- [F1]CVAN Holdings, LLC ("CVAN") purchased the shares from the Issuer in a direct registered offering pursuant to an Investment Agreement, dated as of March 28, 2020.
- [F2]CVAN is a wholly-owned subsidiary of Delaware Life Holdings Parent, LLC ("Parent I"). Parent I is a wholly-owned subsidiary of Delaware Life Holdings Parent II, LLC ("Parent II"). Each of Parent I and Parent II is managed by Delaware Life Holdings Manager, LLC ("Manager") and each of Parent II and Manager is controlled by Mr. Mark Walter ("Mr. Walter"). Each of Parent I, Parent II, Manager and Mr. Walter may be deemed, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of some or all of the shares owned by CVAN.