Goodman Robert P's Form 4 filing
ACV Auctions Inc.ACVA · filed Nov 25, 2024
- Accession no.
- 0000950170-24-130711
- Filed
- Nov 25, 2024
- Trade date
- Nov 21-25, 2024
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not checked
This filing lists 6 non-derivative transactions. It was filed 4 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Goodman Robert PCIK 0001252022 | Director |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 21, 2024 | Class A Common Stock | CConversionDisposed | 0 | $0.00F2 | $0 | 0 | Indirect | |
| Nov 21, 2024 | Class A Common Stock | SSaleDisposed | 0 | $0.00F4 | $0 | 0 | Indirect | |
| Nov 21, 2024 | Class A Common Stock | SSaleDisposed | 0 | $0.00F5 | $0 | 0 | Indirect | |
| Nov 22, 2024 | Class A Common Stock | SSaleDisposed | 0 | $0.00F6 | $0 | 0 | Indirect | |
| Nov 25, 2024 | Class A Common Stock | SSaleDisposed | 0 | $0.00F7 | $0 | 0 | Indirect | |
| Nov 25, 2024 | Class A Common Stock | SSaleDisposed | 0 | $0.00F8 | $0 | 0 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F2
Represents 1,114,375 shares converted from Class B Common Stock to Class A Common Stock by Bessemer Venture Partners IX L.P. ("BVP IX"), 892,783 shares converted from Class B Common Stock to Class A Common Stock by Bessemer Venture Partners IX Institutional L.P. ("BVP IX Inst"), and 18,464 shares converted from Class B Common Stock to Class A Common Stock by 15 Angels III LLC. ("15 Angels" and together with BVP IX and BVP IX Inst, the "BVP IX Funds")
Referenced by the price of 1 transaction in Table I.
- F4
On November 21, 2024, BVP IX, BVP IX Inst, and 15 Angels sold 260,747, 208,898, and 4,321 shares of Class A Common Stock of ACV Auctions, Inc., respectively, at a weighted average price of $21.78. These shares were sold in multiple transactions at prices ranging from $21.13 to $22.13. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F5
On November 21, 2024, BVP IX, BVP IX Inst, and 15 Angels sold 3,954, 3,168, and 66 shares of Class A Common Stock of ACV Auctions, Inc., respectively, at a weighted average price of $22.19. These shares were sold in multiple transactions at prices ranging from $22.14 to $22.22. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F6
On November 22, 2024, BVP IX, BVP IX Inst, and 15 Angels sold 256,365, 205,387, and 4,248 shares of Class A Common Stock of ACV Auctions, Inc., respectively, at a weighted average price of $21.93. These shares were sold in multiple transactions at prices ranging from $21.56 to $22.15. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F7
On November 25, 2024, BVP IX, BVP IX Inst, and 15 Angels sold 492,075, 394,225, and 8,153 shares of Class A Common Stock of ACV Auctions, Inc., respectively, at a weighted average price of $22.93. These shares were sold in multiple transactions at prices ranging from $22.40 to $23.40. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F8
On November 25, 2024, BVP IX, BVP IX Inst, and 15 Angels sold 4,755, 3,810, and 79 shares of Class A Common Stock of ACV Auctions, Inc., respectively, at a weighted average price of $23.43. These shares were sold in multiple transactions at prices ranging from $23.41 to $23.45. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
Referenced by the price of 1 transaction in Table I.