0000899243-23-015498.txt : 20230613 0000899243-23-015498.hdr.sgml : 20230613 20230613205737 ACCESSION NUMBER: 0000899243-23-015498 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230609 FILED AS OF DATE: 20230613 DATE AS OF CHANGE: 20230613 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: 231012787 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 X0407 4 2023-06-09 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 0 Class A Common Stock 2023-06-06 4 S 0 0 0.00 D 0 I See footnotes Class A Common Stock 2023-06-06 4 S 0 0 0.00 D 0 I See footnotes Class A Common Stock 2023-06-07 4 S 0 0 0.00 D 0 I See footnotes Class A Common Stock 2023-06-08 4 S 0 0 0.00 D 0 I See footnotes Class A Common Stock 276550 D On June 9, 2023, the Bessemer Venture Partners IX L.P. ("BVP IX"), Bessemer Venture Partners IX Institutional L.P. ("BVP IX Inst"), and 15 Angels III LLC. ("15 Angels" and together with BVP IX and BVP IX Inst, the "BVP IX Funds") sold 50,836 shares, 40,727 shares, and 842 shares, of Class A Common Stock of ACV Auctions, Inc., respectively, at a weighted average price of $18.22. These shares were sold in multiple transactions at prices ranging from $18.00 to $18.58. 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 ranges set forth in this footnote. Deer IX & Co. Ltd. ("Deer Ltd.") is the general partner of Deer IX & Co. L.P. ("Deer L.P."), which is the general partner of the BVP IX Funds. Deer Ltd. and Deer L.P. disclaim beneficial ownership of the securities held by the BVP IX Funds, and this report shall not be deemed an admission that Deer Ltd. and Deer L.P. are the beneficial owners of such securities, except to the extent of their pecuniary interest therein, if any, by virtue of their direct and indirect general partner interests in the BVP IX Funds. After the June 6 transaction, BVP IX, BVP IX Inst, and 15 Angels own 128,169 shares, 102,684 shares and 2,123 shares, respectively, of Class A Common Stock. On June 12, 2023, the BVP IX, BVP IX Inst, and 15 Angels sold 45,922 shares, 36,790 shares, and 761 shares, of Class A Common Stock of ACV Auctions, Inc., respectively, at a weighted average price of $18.07. These shares were sold in multiple transactions at prices ranging from $18.00 to $18.17. 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 ranges set forth in this footnote. After the June 12 transaction, BVP IX, BVP IX Inst, and 15 Angels own 82,247 shares, 65,894 shares and 1,362 shares, respectively, of Class A Common Stock. On June 13, 2023, the BVP IX, BVP IX Inst, and 15 Angels sold 41,564 shares, 32,299 shares, and 689 shares, of Class A Common Stock of ACV Auctions, Inc., respectively, at a weighted average price of $18.09. These shares were sold in multiple transactions at prices ranging from $18.00 to $18.17. 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 ranges set forth in this footnote. After the June 8 transaction, BVP IX, BVP IX Inst, and 15 Angels own 40,683 shares, 33,595 shares and 673 shares, respectively, of Class A Common Stock. /s/ Robert P. Goodman 2023-06-13