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