Hirsch Brian's Form 4 filing
ACV Auctions Inc. (ACVA) · filed Sep 24, 2021
- Accession no.
- 0001209191-21-057698
- Filed
- Sep 24, 2021
- Trade date
- Jun 10-Sep 13, 2021
- Filing delay
- 106 daysLate
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 10 non-derivative transactions and 6 derivative transactions. Open-market sales total $8.97M. It was filed 106 days after the trade, past the 2-business-day deadline.
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 |
|---|---|
| Hirsch BrianCIK 0001851605 | 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 |
|---|---|---|---|---|---|---|---|---|
| Jun 10, 2021 | Class A Common Stock | CConversionAcquired | +332,826 | $0.00 | $0 | 332,826 | Direct | |
| Sep 2, 2021 | Class A Common Stock | CConversionAcquired | +448,791 | $0.00 | $0 | 448,791 | Indirect | |
| Sep 2, 2021 | Class A Common Stock | SSaleDisposed | −123,518 | $20.05F4 | −$2,476,535.9 | 325,273 | Indirect | |
| Sep 3, 2021 | Class A Common Stock | SSaleDisposed | −60,395 | $19.92F5 | −$1,203,068.4 | 264,878 | Indirect | |
| Sep 7, 2021 | Class A Common Stock | SSaleDisposed | −50,018 | $20.13F6 | −$1,006,862.34 | 214,860 | Indirect | |
| Sep 8, 2021 | Class A Common Stock | SSaleDisposed | −63,143 | $19.75F7 | −$1,247,074.25 | 151,717 | Indirect | |
| Sep 9, 2021 | Class A Common Stock | SSaleDisposed | −56,201 | $20.23F8 | −$1,136,946.23 | 95,516 | Indirect | |
| Sep 9, 2021 | Class A Common Stock | SSaleDisposed | −500 | $20.78F9 | −$10,390 | 95,016 | Indirect | |
| Sep 10, 2021 | Class A Common Stock | SSaleDisposed | −77,454 | $19.97F10 | −$1,546,756.38 | 17,562 | Indirect | |
| Sep 13, 2021 | Class A Common Stock | SSaleDisposed | −17,562 | $19.39F11 | −$340,527.18 | 0 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 10, 2021 | Class A Common Stock | JOtherDisposed | −3,422,133 | $0.00F14 | $0 | 970,363 | Indirect | |
| Jun 10, 2021 | Class A Common Stock | JOtherDisposed | −145,287 | $0.00F14 | $0 | 283,966 | Indirect | |
| Jun 10, 2021 | Class A Common Stock | JOtherDisposed | −394,861 | $0.00F14 | $0 | 8,270,530 | Indirect | |
| Jun 10, 2021 | Class A Common Stock | JOtherDisposed | −131,620 | $0.00F14 | $0 | 2,756,846 | Indirect | |
| Sep 2, 2021 | Class A Common Stock | JOtherDisposed | −1,699,320 | $0.00F14 | $0 | 6,571,210 | Indirect | |
| Sep 2, 2021 | Class A Common Stock | JOtherDisposed | −566,441 | $0.00F14 | $0 | 2,190,405 | 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.
- F4
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.77 to $20.48 inclusive. 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 range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F5
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.68 to $20.33 inclusive. 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 range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F6
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.89 to $20.67 inclusive. 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 range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F7
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.22 to $20.19 inclusive. 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 range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F8
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.77 to $20.76 inclusive. 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 range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F9
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.77 to $20.80 inclusive. 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 range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F10
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.63 to $20.45 inclusive. 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 range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F11
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.20 to $19.88 inclusive. 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 range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F14
Each share of Class B common stock will convert automatically into one share of Class A common stock upon any transfer, except for certain permitted transfers.
Referenced by the price of 6 transactions in Table II.