0000950170-24-002166.txt : 20240104
0000950170-24-002166.hdr.sgml : 20240104
20240104185056
ACCESSION NUMBER: 0000950170-24-002166
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240102
FILED AS OF DATE: 20240104
DATE AS OF CHANGE: 20240104
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Anderson Craig Eric
CENTRAL INDEX KEY: 0001852174
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40256
FILM NUMBER: 24513869
MAIL ADDRESS:
STREET 1: C/O ACV AUCTIONS INC.
STREET 2: 640 ELLICOTT STREET, #321
CITY: BUFFALO
STATE: NY
ZIP: 14203
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
ownership.xml
4
X0508
4
2024-01-02
0001637873
ACV Auctions Inc.
ACVA
0001852174
Anderson Craig Eric
C/O ACV AUCTIONS INC.
640 ELLICOTT ST., SUITE 321
BUFFALO
NY
14203
false
true
false
false
CCDSO
true
Class A Common Stock
2024-01-02
4
M
false
52849
A
252630
D
Class A Common Stock
2024-01-02
4
S
false
52849
14.89
D
199781
D
Class A Common Stock
2024-01-02
4
M
false
76703
A
276484
D
Class A Common Stock
2024-01-02
4
S
false
76703
14.89
D
199781
D
Class A Common Stock
2024-01-02
4
F
false
3070
14.89
D
196711
D
Class A Common Stock
2024-01-02
4
F
false
5185
14.89
D
191526
D
Class A Common Stock
2024-01-03
4
M
false
48297
A
239823
D
Class A Common Stock
2024-01-03
4
S
false
48297
14.43
D
191526
D
Employee Stock Option (Right to Buy)
0.66
2024-01-02
4
M
false
52849
0
D
2028-06-17
Class B Common Stock
52849
103063
D
Class B Common Stock
2024-01-02
4
M
false
52849
0.66
A
Class A Common Stock
52849
180165
D
Class B Common Stock
2024-01-02
4
C
false
52849
0
D
Class A Common Stock
52849
127316
D
Employee Stock Option (Right to Buy)
2.44
2024-01-02
4
M
false
76703
0
D
2029-08-29
Class B Common Stock
76703
98297
D
Class B Common Stock
2024-01-02
4
M
false
76703
2.44
A
Class A Common Stock
76703
204019
D
Class B Common Stock
2024-01-02
4
C
false
76703
0
D
Class A Common Stock
76703
127316
D
Class B Common Stock
2024-01-02
4
F
false
7014
14.89
D
Class A Common Stock
7014
120302
D
Employee Stock Option (Right to Buy)
2.44
2024-01-03
4
M
false
48297
14.43
D
2029-08-29
Class B Common Stock
48297
50000
D
Class B Common Stock
2024-01-03
4
M
false
48297
2.44
A
Class A Common Stock
48297
168599
D
Class B Common Stock
2024-01-03
4
C
false
48297
0
D
Class A Common Stock
48297
120302
D
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.
Includes 368 shares acquired pursuant to the Company's 2021 Employee Stock Purchase Plan ("ESPP") for the purchase period 6/1/2023 to 11/30/2023.
Shares sold pursuant to a Rule 10b5-1 trading plan entered into on September 15, 2023.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.70 to $15.08 inclusive. 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 range set forth in this footnote.
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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.30 to $14.68 inclusive. 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 range set forth in this footnote.
One-fourth (1/4th) of the shares subject to the option award vested on June 7, 2019, and thereafter one-forty-eighth of the shares subject to the option award vest monthly, subject to the Reporting Person's continuous service.
Includes shares previously reported as restricted stock units.
One-fourth (1/4th) of the shares subject to the option award vested on August 29, 2019, and thereafter one-forty-eighth of the shares subject to the option award vest monthly, subject to the Reporting Person's continuous service.
/s/ Michelle Webb, Attorney-in-fact
2024-01-04