ACV Auctions Inc. — Director's Dealing 2021

Dec 2, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ACV Auctions Inc. (ACVA)
CIK: 0001637873
Period of Report: 2021-11-30

Reporting Person: GOODMAN ROBERT P (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-30	Class A Common Stock	S	44627	$21.13	Disposed	434445	Direct
2021-11-30	Class A Common Stock	S	16494	$21.13	Disposed	0	Indirect
2021-11-30	Class A Common Stock	S	29145	$21.13	Disposed	0	Indirect
2021-12-01	Class A Common Stock	S	11737	$21.04	Disposed	429369	Direct

Footnotes

F1: On November 30, 2021, the Reporting Person sold 44,627 shares of Class A Common Stock of the Issuer (the "Shares"). The Shares were sold in multiple executions at a price per share ranging from $21.00 to $21.49, with an average execution price per share of $21.13. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding such individual executions.

F2: On November 30, 2021, the NB Group, LLC ("NB Group") sold 16,494 shares of Class A Common Stock of the Issuer (the "NB Shares"). The NB Shares were sold in multiple executions at a price per share ranging from $21.00 to $21.49, with an average execution price per share of $21.13. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding such individual executions.

F3: The shares reported are held by the NB Group. NB Group is controlled by the Reporting Person, and the Reporting Person disclaims beneficial ownership of the shares held by this entity, except to the extent of his pecuniary interest therein, if any.

F4: On November 30, 2021, Cracktuxet II, LLC ("Cracktuxet II") sold 29,145 shares of Class A Common Stock of the Issuer (the " Cracktuxet Shares"). The Cracktuxet Shares were sold in multiple executions at a price per share ranging from $21.00 to $21.49, with an average execution price per share of $21.13. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding such individual executions.

F5: The shares reported are held by Cracktuxet II. Cracktuxet II is controlled by the Reporting Person, and the Reporting Person disclaims beneficial ownership of the shares held by this entity, except to the extent of his pecuniary interest therein, if any.

F6: On December 1, 2021, the Reporting Person sold 5,076 shares of Class A Common Stock of the Issuer (the "12/1 Shares"). The 12/1 Shares were sold in multiple executions at a price per share ranging from $21.00 to $21.22, with an average execution price per share of $21.04. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding such individual executions.