Castillo Kirsten 4
4 · ACV Auctions Inc. · Filed Feb 14, 2025
Insider Transaction Report
Form 4
Castillo Kirsten
Director
Transactions
- Other
Stock Option (Right to Buy)
2024-12-31+13,417→ 13,417 totalExercise: $5.42Exp: 2030-10-26→ Class A Common Stock (13,417 underlying) - Other
Stock Option (Right to Buy)
2024-12-31−13,417→ 0 totalExercise: $5.42Exp: 2030-10-26→ Class B Common Stock (13,417 underlying)
Footnotes (2)
- [F1]On December 31, 2024, which was the "Final Conversion Date" as defined in the Issuer's amended and restated certificate of incorporation, each share of the Issuer's Class B Common Stock automatically converted into one share of Class A Common Stock per the amended and restated certificate of incorporation.
- [F2]Represents stock options that were granted on October 27, 2020. At the time of the conversion described in footnote (1), each outstanding stock option to purchase shares of the Issuer's Class B Common Stock automatically converted into a stock option to purchase the same number of shares of the Issuer's Class A Common Stock. Otherwise, the terms of each such stock option remained unchanged.