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ACV Auctions Inc. Director's Dealing 2021

Mar 24, 2021

31779_dirs_2021-03-23_7abeed1b-5ede-4714-ac32-bc3ae7222349.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: Hirsch Brian (Director)

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Series A Preferred Stock $ Common Stock (1449588) Indirect
Series A Preferred Stock $ Common Stock (4348760) Indirect
Series B Preferred Stock $ Common Stock (1307258) Indirect
Series B Preferred Stock $ Common Stock (3921770) Indirect
Series C Preferred Stock $ Common Stock (3422133) Indirect
Series C Preferred Stock $ Common Stock (131620) Indirect
Series C Preferred Stock $ Common Stock (394861) Indirect
Series D Preferred Stock $ Common Stock (744332) Indirect
Series D Preferred Stock $ Common Stock (387053) Indirect
Series E Preferred Stock $ Common Stock (226031) Indirect
Series E-1 Preferred Stock $ Common Stock (42200) Indirect

Footnotes

F1: Each share of Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock, Series E Preferred Stock and Series E-1 Preferred Stock will automatically convert into shares of Common Stock on a 1:1 basis immediately prior to the closing of the Issuer's initial public offering and have no expiration date.

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: The securities are held by Tribeca Venture Fund II New York, L.P. ("TVFII NY"). Tribeca Venture Partners II GP, LLC ("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 securities 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 securities.

F4: The securities 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 securities 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 securities.

F5: The securities are held by Tribeca Access Fund, L.P. ("TAF"). Tribeca Venture Partners II GP, LLC ("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 securities held by TAF, 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 securities.

F6: The securities are held by TACV, L.P. ("TACV"). 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 securities held by TACV, 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 securities.