0001209191-21-053539.txt : 20210826
0001209191-21-053539.hdr.sgml : 20210826
20210826184019
ACCESSION NUMBER: 0001209191-21-053539
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210824
FILED AS OF DATE: 20210826
DATE AS OF CHANGE: 20210826
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Anderson Craig Eric
CENTRAL INDEX KEY: 0001852174
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40256
FILM NUMBER: 211213671
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]
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
2021-08-24
0
0001637873
ACV Auctions Inc.
ACVA
0001852174
Anderson Craig Eric
C/O ACV AUCTIONS INC.
640 ELLICOTT STREET, #321
BUFFALO
NY
14203
0
1
0
0
CCDSO and Chief Legal Officer
Class A Common Stock
2021-08-24
4
M
0
7500
A
7500
D
Class A Common Stock
2021-08-24
4
S
0
7500
20.00
D
0
D
Employee Stock Option (Right to Buy)
0.66
2021-08-24
4
M
0
7500
0.00
D
2028-06-17
Class B Common Stock
7500
491498
D
Class B Common Stock
2021-08-24
4
M
0
7500
0.00
A
Class A Common Stock
7500
7500
D
Class B Common Stock
2021-08-24
4
C
0
7500
0.00
D
Class A Common Stock
7500
0
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 first trading day on or after the date on which the outstanding shares of Class B Common Stock represent less than 5.0% of the Issuer's then-outstanding Class A and Class B Common Stock; (b) the tenth anniversary of this offering; or (c) the date specified by vote of the holders of a majority of the outstanding shares of Class B Common Stock, voting as a single class.
Shares sold pursuant to a Rule 10b5-1 trading plan.
One-fourth (1/4th) of the shares subject to the option award vested 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.
/s/ Jason Minio, Attorney-in-Fact
2021-08-26