Waterman Michael 4
4 · ACV Auctions Inc. · Filed Jun 12, 2025
Insider Transaction Report
Form 4
Waterman Michael
Chief Sales Officer
Transactions
- Sale
Class A Common Stock
2025-06-10$16.75/sh−22,171$371,364→ 405,610 total - Exercise/Conversion
Class A Common Stock
2025-06-10$0.14/sh+21,428$3,000→ 427,781 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2025-06-10−21,428→ 281,264 totalExercise: $0.14Exp: 2027-08-26→ Class A Common Stock (21,428 underlying)
Footnotes (4)
- [F1]Includes 717 shares acquired pursuant to the Company's 2021 Employee Stock Purchase Plan ("ESPP") for the purchase period of 12/1/2024 to 5/31/2025.
- [F2]Shares sold pursuant to a Rule 10b5-1 trading plan enter into on December 10, 2024.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.58 to $16.92 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.
- [F4]One-fourth (1/4th) of the shares subject to the option award vested on October 26, 2017, and thereafter one-forty-eighths of the shares subject to the option award vested monthly, subject to the Reporting Person's continuous service.