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ACV Auctions Inc. Director's Dealing 2021

Mar 24, 2021

31779_dirs_2021-03-23_73a011ee-88c7-4e83-a27f-073bfca49a4a.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: ACV Auctions Inc. (ACVA)
CIK: 0001637873
Period of Report: 2021-03-23

Reporting Person: Waterman Michael (Chief Sales Officer)

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Employee Stock Option (right to buy) $0.06 2026-10-25 Common Stock (617674) Direct
Employee Stock Option (right to buy) $0.14 2027-08-26 Common Stock (323189) Direct

Footnotes

F1: Fully vested.

F2: Each share of Common Stock shall be reclassified into one share of Class B Common Stock immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock.

F3: One-fourth (1/4th) of the shares subject to the option award vested on July 1, 2018, and thereafter one-forty-eighth of the shares subject to the
option award vest monthly, subject to the Reporting Person's continuous service.