0000899243-21-035709.txt : 20210913
0000899243-21-035709.hdr.sgml : 20210913
20210913175055
ACCESSION NUMBER: 0000899243-21-035709
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210909
FILED AS OF DATE: 20210913
DATE AS OF CHANGE: 20210913
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: GOODMAN ROBERT P
CENTRAL INDEX KEY: 0001252022
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40256
FILM NUMBER: 211250628
MAIL ADDRESS:
STREET 1: 1865 PALMER AVENUE
STREET 2: SUITE 104
CITY: LARCHMONT
STATE: NY
ZIP: 10538
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ACV Auctions Inc.
CENTRAL INDEX KEY: 0001637873
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389]
IRS NUMBER: 472415221
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 640 ELLICOTT STREET
CITY: BUFFALO
STATE: NY
ZIP: 14203
BUSINESS PHONE: 585-317-0406
MAIL ADDRESS:
STREET 1: 640 ELLICOTT STREET
CITY: BUFFALO
STATE: NY
ZIP: 14203
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2021-09-09
0
0001637873
ACV Auctions Inc.
ACVA
0001252022
GOODMAN ROBERT P
C/O ACV AUCTIONS INC.
640 ELLICOTT STREET, #321
BUFFALO
NY
14203
1
0
0
0
Class A Common Stock
2021-09-09
4
S
0
31755
20.21
D
467125
D
Class A Common Stock
2021-09-10
4
S
0
22827
20.12
D
603236
D
Class A Common Stock
36959
I
See footnote
Class A Common Stock
65310
I
See footnote
On September 9, 2021, the Reporting Person sold 31,755 shares of Class A Common Stock of the Issuer (the "Shares"). The Shares were sold in multiple executions at a price per share ranging from $20.01 to $20.38, with an average execution price per share of $20.21. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding such individual executions.
Includes 160,018 shares of Class A Common Stock received by the Reporting Person in one or more pro rata distributions-in-kind from Bessemer Venture Partners IX L.P. ("BVP IX"), Bessemer Venture Partners IX Institutional L.P. ("BVP IX Inst"), 15 Angels III LLC. ("15 Angels"), Deer IX & Co. Ltd. ("Deer Ltd."), and Deer IX & Co. L.P. ("Deer L.P." together with BVP IX Inst, BVP IX, 15 Angels, and Deer Ltd. the "BVP IX Entities"), on August 19, 2021, which distributions were made in accordance with the exemption afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended (the "Exchange Act").
On September 10, 2021, the Reporting Person sold 22,827 shares of Class A Common Stock of the Issuer (the "Second Shares"). The Second Shares were sold in multiple executions at a price per share ranging from $20.00 to $20.41, with an average execution price per share of $20.12. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding such individual executions.
Includes 158,938 shares of Class A Common Stock received by the Reporting Person in one or more pro rata distributions-in-kind from the BVP IX Entities on September 10, 2021, which distributions were made in accordance with the exemption afforded by Rules 16a-13 and 16a-9 of the Exchange Act.
The shares reported are held by NB Group, LLC ("NB Group"). NB Group is controlled by the Reporting Person, and the Reporting Person disclaims beneficial ownership of the shares held by this entity, except to the extent of his pecuniary interest therein, if any.
Includes 7,394 shares and 7,391 shares of Class A Common Stock received by NB Group in one or more pro rata distributions-in-kind from the BVP IX Entities on August 19, 2021 and September 10, 2021, respectively, which distributions were made in accordance with the exemption afforded by Rules 16a-13 and 16a-9 of the Exchange Act.
The shares reported are held by Cracktuxet II, LLC ("Cracktuxet II"). Cracktuxet II is controlled by the Reporting Person, and the Reporting Person disclaims beneficial ownership of the shares held by this entity, except to the extent of his pecuniary interest therein, if any.
Includes 13,061 shares and 13,061 shares of Class A Common Stock received by Cracktuxet II in one or more pro rata distributions-in-kind from the BVP IX Entities on August 19, 2021 and September 10, 2021, respectively, which distributions were made in accordance with the exemption afforded by Rules 16a-13 and 16a-9 of the Exchange Act.
/s/ Robert P. Goodman
2021-09-13