0001415889-24-014939.txt : 20240530
0001415889-24-014939.hdr.sgml : 20240530
20240530190735
ACCESSION NUMBER: 0001415889-24-014939
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240528
FILED AS OF DATE: 20240530
DATE AS OF CHANGE: 20240530
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hirsch Brian
CENTRAL INDEX KEY: 0001851605
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40256
FILM NUMBER: 241007130
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
form4-05302024_110529.xml
X0508
4
2024-05-28
0001637873
ACV Auctions Inc.
ACVA
0001851605
Hirsch Brian
C/O ACV AUCTIONS INC.
640 ELLICOTT STREET, #321
BUFFALO
NY
14203
true
false
false
false
0
Class A Common Stock
2024-05-28
4
C
0
931394
A
931394
I
By Tribeca Venture Fund II, L.P.
Class A Common Stock
2024-05-28
4
C
0
310465
A
310465
I
By Tribeca Venture Fund II New York, L.P.
Class A Common Stock
2024-05-28
4
J
0
931394
0
D
0
I
Tribeca Venture Fund II, L.P.
Class A Common Stock
2024-05-28
4
J
0
310465
0
D
0
I
Tribeca Venture Fund II New York, L.P.
Class A Common Stock
2024-05-28
4
J
0
252224
0
A
252224
I
By Tribeca Venture Partners II GP, LLC
Class A Common Stock
2024-05-28
4
J
0
252224
0
D
0
I
By Tribeca Venture Partners II GP, LLC
Class A Common Stock
2024-05-28
4
J
0
103741
0
A
103741
D
Class A Common Stock
2024-05-29
4
S
0
8221
18.29
D
95520
D
Class B Common Stock
2024-05-28
4
C
0
931394
D
Class A Common Stock
931394
3725574
I
By Tribeca Venture Fund II, L.P.
Class B Common Stock
2024-05-28
4
C
0
310465
D
Class A Common Stock
310465
1241859
I
By Tribeca Venture Fund II New York, L.P.
These shares of Class B common stock were converted into Class A common stock on a one-for-one basis for no additional consideration.
The shares are held by Tribeca Venture Fund II, L.P. ("TVFII"). Tribeca Venture Partners II GP, LLC ("TVP II GP") is the general partner of TVFII. The Reporting Person is a managing partner of TVP II GP. The Reporting Person disclaims beneficial ownership of the shares held by TVFII, except to the extent of his pecuniary interest, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares.
The shares are held by Tribeca Venture Fund II New York, L.P. ("TVFII NY"). TVP II GP is the general partner of TVFII NY. The Reporting Person is a managing partner of TVP II GP. The Reporting Person disclaims beneficial ownership of the shares held by TVFII NY, except to the extent of his pecuniary interest, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares.
Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by TVFII to its general partner and limited partners without additional consideration.
Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by TVFII NY to its general partner and limited partners without additional consideration.
Represents receipt of shares in the distributions in kind described in footnotes (4) and (5).
The shares are held by TVP II GP. The Reporting Person is a managing partner of TVP II GP. The Reporting Person disclaims beneficial ownership of the shares held by TVP II GP, except to the extent of his pecuniary interest, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares.
Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by TVP II GP to its members without additional consideration.
Represents receipt of shares in the distribution in kind described in footnote (8).
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.25 to $18.48 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.
Each share of Class B common stock will convert automatically into one share of Class A common stock for no consideration upon any transfer, except for certain permitted transfers, and has no expiration date.
/s/ Brian Hirsch
2024-05-30