4//SEC Filing
ZERELLA WILLIAM 4
Accession 0001628280-25-034344
CIK 0001637873other
Filed
Jul 2, 8:00 PM ET
Accepted
Jul 3, 6:22 PM ET
Size
12.6 KB
Accession
0001628280-25-034344
Insider Transaction Report
Form 4
ZERELLA WILLIAM
Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2025-07-01$16.48/sh−4,482$73,863→ 862,106 total - Tax Payment
Common Stock
2025-07-01$16.48/sh−4,919$81,065→ 866,588 total - Other
Performance Stock Unit
2024-05-28+60,912→ 60,912 totalExercise: $0.00Exp: 2027-07-01→ Common Stock (60,912 underlying) - Tax Payment
Common Stock
2025-07-01$16.48/sh−3,459$57,004→ 871,507 total - Other
Common Stock
2024-05-28−60,912→ 874,966 total
Footnotes (4)
- [F1]The company's stock previously referred to as Class A Common Stock is now referred to as Common Stock following changes made to the company's articles of incorporation. There was no change to any rights related to the stock.
- [F2]In a Form 4 filed on June 3, 2024 the PSU grant reflected here, due to an administrative error, was reported as Class A Common Stock in Table I rather than a PSU grant in Table II. The PSUs are hereby being removed from Table I and correctly reported in Table II.
- [F3]These shares were withheld by the Issuer to cover the tax liability upon the vesting of a time-based restricted stock unit previously granted, and does not represent a discretionary sale by the reporting person.
- [F4]The PSUs are subject to both service-based vesting conditions and a requirement that the average closing price of the Class A Common Stock of Company, as measured over a period of 30 trading days commencing at the grant date and ending July 1, 2027, equals or exceeds a designated level (the "Stock Price Condition"). The PSUs will vest in one-third installments on each of July 1, 2025, 2026 and 2027, provided that the Stock Price Condition has been satisfied prior to the relevant date. If the Stock Price Condition has not yet been satisfied prior to the relevant date, then the PSUs that otherwise would have vested on such date will remain unvested unless and until the Stock Price Condition has been satisfied, subject to the Reporting Person's continuous service through the relevant vesting date.
Documents
Issuer
ACV Auctions Inc.
CIK 0001637873
Entity typeother
Related Parties
1- filerCIK 0001493307
Filing Metadata
- Form type
- 4
- Filed
- Jul 2, 8:00 PM ET
- Accepted
- Jul 3, 6:22 PM ET
- Size
- 12.6 KB