0001690820-24-000195.txt : 20240503
0001690820-24-000195.hdr.sgml : 20240503
20240503203800
ACCESSION NUMBER: 0001690820-24-000195
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240501
FILED AS OF DATE: 20240503
DATE AS OF CHANGE: 20240503
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: JENKINS MARK W.
CENTRAL INDEX KEY: 0001700540
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38073
FILM NUMBER: 24915253
MAIL ADDRESS:
STREET 1: 300 E RIO SALADO PKWY
CITY: TEMPE
STATE: AZ
ZIP: 85281
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CARVANA CO.
CENTRAL INDEX KEY: 0001690820
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-AUTO DEALERS & GASOLINE STATIONS [5500]
ORGANIZATION NAME: 07 Trade & Services
IRS NUMBER: 814549921
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 300 E. RIO SALADO PARKWAY
CITY: TEMPE
STATE: AZ
ZIP: 85281
BUSINESS PHONE: (480) 719-8809
MAIL ADDRESS:
STREET 1: 300 E. RIO SALADO PARKWAY
CITY: TEMPE
STATE: AZ
ZIP: 85281
4
1
wk-form4_1714783070.xml
FORM 4
X0508
4
2024-05-01
0
0001690820
CARVANA CO.
CVNA
0001700540
JENKINS MARK W.
C/O CARVANA CO.
300 E. RIO SALADO PKWY
TEMPE
AZ
85281
0
1
0
0
Chief Financial Officer
1
Class A Common Stock
2024-05-01
4
A
0
52663
0
A
221523
D
Class A Common Stock
2024-05-01
4
M
0
50000
10.07
A
271523
D
Class A Common Stock
2024-05-01
4
S
0
1300
82.88
D
270223
D
Class A Common Stock
2024-05-01
4
S
0
830
83.85
D
269393
D
Class A Common Stock
2024-05-01
4
S
0
300
84.88
D
269093
D
Class A Common Stock
2024-05-01
4
S
0
1270
86.83
D
267823
D
Class A Common Stock
2024-05-01
4
S
0
600
87.65
D
267223
D
Class A Common Stock
2024-05-01
4
S
0
600
88.99
D
266623
D
Class A Common Stock
2024-05-01
4
S
0
100
90.23
D
266523
D
Class A Common Stock
2024-05-01
4
S
0
4901
82.62
D
261622
D
Class A Common Stock
2024-05-01
4
S
0
11577
83.42
D
250045
D
Class A Common Stock
2024-05-01
4
S
0
6017
84.28
D
244028
D
Class A Common Stock
2024-05-01
4
S
0
1200
85.53
D
242828
D
Class A Common Stock
2024-05-01
4
S
0
13594
86.75
D
229234
D
Class A Common Stock
2024-05-01
4
S
0
4217
87.57
D
225017
D
Class A Common Stock
2024-05-01
4
S
0
5794
88.69
D
219223
D
Class A Common Stock
2024-05-01
4
S
0
2600
89.68
D
216623
D
Class A Common Stock
2024-05-01
4
S
0
100
90.49
D
216523
D
Class A Common Stock
2024-05-02
4
S
0
4700
115.54
D
211823
D
Class A Common Stock
2024-05-02
4
S
0
10101
116.43
D
201722
D
Class A Common Stock
2024-05-02
4
S
0
3199
117.66
D
198523
D
Stock Options (Right to Buy)
10.07
2024-05-01
4
M
0
50000
0
D
2024-04-01
2033-02-22
Class A Common Stock
50000
398513
D
Represents restricted stock units ("RSUs") granted on February 22, 2023 under the Reporting Person's Performance Restricted Stock Unit Award Agreement between Carvana Co. and the Reporting Person, dated February 22, 2023 ("2023 PRSU Agreement"). The performance condition in the 2023 PRSU Agreement has been met, and all RSUs vested on May 1, 2024.
The reported option exercise and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 15, 2023.
This transaction was executed in multiple trades at prices ranging from $ 82.33 to $83.31, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
This transaction was executed in multiple trades at prices ranging from $ 83.41 to $84.13, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
This transaction was executed in multiple trades at prices ranging from $ 84.60 to $85.42, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
This transaction was executed in multiple trades at prices ranging from $ 86.35 to $87.20, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
This transaction was executed in multiple trades at prices ranging from $ 87.36 to $88.25, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
This transaction was executed in multiple trades at prices ranging from $ 88.50 to $89.33, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
This transaction was executed in multiple trades at prices ranging from $ 82.00 to $82.99, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
This transaction was executed in multiple trades at prices ranging from $ 83.01 to $83.98, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
This transaction was executed in multiple trades at prices ranging from $ 84.02 to $84.89, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
This transaction was executed in multiple trades at prices ranging from $ 85.08 to $86.04, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
This transaction was executed in multiple trades at prices ranging from $ 86.12 to $87.11, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
This transaction was executed in multiple trades at prices ranging from $ 87.14 to $88.11, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
This transaction was executed in multiple trades at prices ranging from $ 88.18 to $89.16, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
This transaction was executed in multiple trades at prices ranging from $ 89.18 to $90.16, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
Represents total number of shares of Class A Common Stock of the Issuer sold to pay required taxes upon vesting of restricted stock units pursuant to various awards.
This transaction was executed in multiple trades at prices ranging from $ 114.92 to $115.88, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
This transaction was executed in multiple trades at prices ranging from $ 115.97 to $116.84, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
This transaction was executed in multiple trades at prices ranging from $ 117.18 to $118.17, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
The non-qualified stock options representing the right to purchase for the exercise price Class A Common Stock of the Issuer vested 25% on April 1, 2024 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.
/s/ Paul Breaux, by Power of Attorney for Mark W. Jenkins
2024-05-03