4//SEC Filing
PLATT IRA J. 4
Accession 0001690820-24-000390
CIK 0001690820other
Filed
Dec 11, 7:00 PM ET
Accepted
Dec 12, 6:21 PM ET
Size
20.4 KB
Accession
0001690820-24-000390
Insider Transaction Report
Form 4
CARVANA CO.CVNA
PLATT IRA J.
Director
Transactions
- Sale
Class A Common Stock
2024-12-10$242.62/sh−1,471$356,894→ 28,006 total - Sale
Class A Common Stock
2024-12-10$243.56/sh−7,320$1,782,859→ 20,686 total - Sale
Class A Common Stock
2024-12-10$246.56/sh−600$147,936→ 5,227 total - Sale
Class A Common Stock
2024-12-10$245.40/sh−6,916$1,697,186→ 5,827 total - Conversion
Class A Common Stock
2024-12-10+25,000→ 30,227 total - Conversion
Class B Units
2024-12-10−31,250→ 45,625 totalExercise: $0.00→ Class A Common Stock (25,000 underlying) - Sale
Class A Common Stock
2024-12-10$240.06/sh−750$180,045→ 29,477 total - Sale
Class A Common Stock
2024-12-10$244.56/sh−7,943$1,942,540→ 12,743 total
Holdings
- 850(indirect: By Parents)
Class A Common Stock
- 64,999(indirect: By Trust)
Class A Common Stock
Footnotes (10)
- [F1]The reported conversions and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 10, 2024 (the "10b5-1 Plan").
- [F10]These Class A Shares are held directly by the Ira J. Platt Revocable Trust (the "Trust"). The Reporting Person is co-trustee of the Trust, and the Reporting Person's spouse is the primary beneficiary of the Trust.
- [F2]This transaction was executed in multiple trades at prices ranging from $ 240.05 to $240.09, 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.
- [F3]This transaction was executed in multiple trades at prices ranging from $ 242.07 to $242.92, 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.
- [F4]This transaction was executed in multiple trades at prices ranging from $ 243.00 to $243.99, 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.
- [F5]This transaction was executed in multiple trades at prices ranging from $ 244.00 to $244.99, 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.
- [F6]This transaction was executed in multiple trades at prices ranging from $ 245.00 to $245.92, 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.
- [F7]This transaction was executed in multiple trades at prices ranging from $ 246.45 to $246.69, 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.
- [F8]The Exchange Agreement permits holders of Class B Units to exchange their Class B Units for a number of shares of the Issuer's Class A Common Stock equal to the Class A Common Stock Value less the Adjusted Participation Threshold (as each term is defined in the Exchange Agreement) multiplied by 0.8 times the number of Class B Units being exchanged, divided by the Class A Common Stock Value.
- [F9]The Reporting Person was granted 200,000 Class B Units on March 24, 2015 with a participation threshold of $0.000; 40,000 of which vested on March 1, 2016 and 3,333 of which vested on the first of each month thereafter.
Documents
Issuer
CARVANA CO.
CIK 0001690820
Entity typeother
Related Parties
1- filerCIK 0001702455
Filing Metadata
- Form type
- 4
- Filed
- Dec 11, 7:00 PM ET
- Accepted
- Dec 12, 6:21 PM ET
- Size
- 20.4 KB