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ACV Auctions Inc. Director's Dealing 2025

Feb 14, 2025

31779_dirs_2025-02-14_06a75a63-684a-4b48-ac06-2b9670c75b7c.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: Peer Andrew (VP, Corporate Controller)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-12-31 Employee Stock Option (Right to Buy) $2 J 10500 Disposed 2029-03-05 Class B Common Stock (10500) Direct
2024-12-31 Employee Stock Option (Right to Buy) $2 J 10500 Acquired 2029-03-05 Class A Common Stock (10500) Direct
2024-12-31 Employee Stock Option (Right to Buy) $2.44 J 32500 Disposed 2029-08-29 Class B Common Stock (32500) Direct
2024-12-31 Employee Stock Option (Right to Buy) $2.44 J 32500 Acquired 2029-08-29 Class A Common Stock (32500) 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 6, 2019. 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.

F3: Represents stock options that were granted on August 30, 2019. 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.