0001628280-24-026934.txt : 20240605
0001628280-24-026934.hdr.sgml : 20240605
20240605192004
ACCESSION NUMBER: 0001628280-24-026934
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240603
FILED AS OF DATE: 20240605
DATE AS OF CHANGE: 20240605
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: ZERELLA WILLIAM
CENTRAL INDEX KEY: 0001493307
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40256
FILM NUMBER: 241023460
MAIL ADDRESS:
STREET 1: C/O FITBIT, INC.
STREET 2: 405 HOWARD STREET
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94105
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ACV Auctions Inc.
CENTRAL INDEX KEY: 0001637873
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389]
ORGANIZATION NAME: 07 Trade & Services
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
wk-form4_1717629595.xml
FORM 4
X0508
4
2024-06-03
0
0001637873
ACV Auctions Inc.
ACVA
0001493307
ZERELLA WILLIAM
C/O ACV AUCTIONS INC.
640 ELLICOTT ST., SUITE 321
BUFFALO
NY
14203
0
1
0
0
Chief Financial Officer
0
Employee Stock Option (Right to Buy)
5.42
2024-06-03
4
M
0
631239
0
D
2030-10-26
Class B Common Stock
631239
225000
D
Class B Common Stock
2024-06-03
4
M
0
631239
5.42
A
Class A Common Stock
631239
744136
D
One-fourth (1/4th) of the shares subject to the option award vested on September 14,2021, and thereafter one-forty-eighth of the shares subject to the option award vest monthly, subject to the Reporting Person's continuous service.
Column 9 includes a correction of the Form 4 filed by Reporting Person on April 12, 2023, in which, due to an administrative error, the Reporting Person accidentally misstated the Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) for Employee Stock Option. The Reporting Person inadvertently failed to deduct 15,000 Employee Stock Options from the corresponding Number of Derivative Securities Beneficially Owned Following Reported Transaction(s). Such Employee Stock Options were properly reported as disposed of on such Form 4. The Form 4 of this date properly sets forth the Number of Derivative Securities Beneficially Owned Following Reported Transaction(s).
Each share of Class B Common Stock is convertible at any time at the option of the reporting person into one share of Class A Common Stock. Each share of Class B Common Stock will convert automatically into shares of Class A common stock, on a one-to-one basis, upon the following: (1) the sale or transfer of such share of Class B Common Stock, subject to certain exceptions specified in the Issuer's amended and restated certificate of incorporation; (2) the death of the reporting person; and (3) the final conversion date, defined as the earlier of (a) the last trading day of the fiscal quarter immediately following the tenth anniversary of the effective date of the Issuer's tenth amended and restated certificate of incorporation; (b) the last trading day of the fiscal quarter during which the then-outstanding shares of Class B Common Stock first represent less than 5% of the aggregate number of then-outstanding shares of Class A Common Stock and Class B Common Stock.
/s/ Michelle Webb, Attorney-in-Fact
2024-06-05