0001209191-21-069569.txt : 20211214
0001209191-21-069569.hdr.sgml : 20211214
20211214180641
ACCESSION NUMBER: 0001209191-21-069569
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20211210
FILED AS OF DATE: 20211214
DATE AS OF CHANGE: 20211214
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: 211492236
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
2021-12-10
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
2021-12-10
4
M
0
1900
A
1900
D
Class A Common Stock
2021-12-10
4
S
0
1900
20.00
D
0
D
Class A Common Stock
2021-12-13
4
M
0
16535
A
16535
D
Class A Common Stock
2021-12-13
4
S
0
16535
20.08
D
0
D
Employee Stock Option (Right to Buy)
0.66
2021-12-10
4
M
0
1900
0.00
D
2028-06-17
Class B Common Stock
1900
474598
D
Class B Common Stock
2021-12-10
4
M
0
1900
0.66
A
Class A Common Stock
1900
1900
D
Class B Common Stock
2021-12-10
4
C
0
1900
0.00
D
Class A Common Stock
1900
0
D
Employee Stock Option (Right to Buy)
0.66
2021-12-13
4
M
0
16535
0.00
D
2028-06-17
Class B Common Stock
16535
458063
D
Class B Common Stock
2021-12-13
4
M
0
16535
0.66
A
Class A Common Stock
16535
16535
D
Class B Common Stock
2021-12-13
4
C
0
16535
0.00
D
Class A Common Stock
16535
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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.00 to $20.02 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 ranges set forth in footnotes (3) and (4).
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.00 to $20.23 inclusive.
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/ Trey Reilly, Attorney-in-Fact
2021-12-14