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ACV Auctions Inc. — Director's Dealing 2025
Feb 14, 2025
31779_dirs_2025-02-14_2284088b-a4dc-4923-861b-dae28a62139a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ACV Auctions Inc. (ACVA)
CIK: 0001637873
Period of Report: 2024-12-31
Reporting Person: Chamoun George (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | Class A Common Stock | C | 861722 | — | Acquired | 1851048 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-12-31 | Class B Common Stock | $ | C | 861722 | Disposed | Class A Common Stock (861722) | Direct | |
| 2024-12-31 | Employee Stock Option (Right to Buy) | $0.14 | J | 1702730 | Disposed | 2027-03-21 | Class B Common Stock (1702730) | Direct |
| 2024-12-31 | Employee Stock Option (Right to Buy) | $0.14 | J | 1702730 | Acquired | 2027-03-21 | Class A Common Stock (1702730) | Direct |
Footnotes
F1: On December 31, 2024, which was the "Final Conversion Date" as defined in the Issuer's amended and restated certificate of incorporation, each share of the Issuer's Class B Common Stock automatically converted into one share of Class A Common Stock per the amended and restated certificate of incorporation.
F2: Represents stock options that were granted on March 22, 2017. At the time of the conversion described in footnote (1), each outstanding stock option to purchase shares of the Issuer's Class B Common Stock automatically converted into a stock option to purchase the same number of shares of the Issuer's Class A Common Stock. Otherwise, the terms of each such stock option remained unchanged.