ACV Auctions Inc. — Director's Dealing 2021

Mar 24, 2021

SEC Form 3 — Initial Statement of Beneficial Ownership

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

Reporting Person: Anderson Craig Eric (CCDSO and Chief Legal Officer)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$0.66	2028-06-17	Common Stock (538998)		Direct
Employee Stock Option (right to buy)	$2.44	2029-08-29	Common Stock (175000)		Direct

Footnotes

F1: One-fourth (1/4th) of the shares subject to the option award will vested June 7, 2019, and thereafter one-forty-eighth of the shares
subject to the option award vest monthly, subject to the Reporting Person's continuous service.

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 shares subject to the option vested or shall vest in forty-eight (48) equal monthly installments commencing on July 29, 2019, subject to the Reporting Person's continuous service.