Platt Ira J.'s Form 4 filing
Carvana Co. (CVNA) · filed Dec 12, 2024
- Accession no.
- 0001690820-24-000390
- Filed
- Dec 12, 2024
- Trade date
- Dec 10, 2024
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Checked
This filing lists 7 non-derivative transactions and 1 derivative transaction. Open-market sales total $6.11M. It was filed 2 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 |
|---|---|
| Platt Ira J.CIK 0001702455 | 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 |
|---|---|---|---|---|---|---|---|---|
| Dec 10, 2024 | Class A Common Stock | SSaleDisposed | −750 | $240.06F2 | −$180,045 | 29,477 | Direct | |
| Dec 10, 2024 | Class A Common Stock | SSaleDisposed | −1,471 | $242.62F3 | −$356,894.02 | 28,006 | Direct | |
| Dec 10, 2024 | Class A Common Stock | SSaleDisposed | −7,320 | $243.56F4 | −$1,782,859.2 | 20,686 | Direct | |
| Dec 10, 2024 | Class A Common Stock | SSaleDisposed | −7,943 | $244.56F5 | −$1,942,540.08 | 12,743 | Direct | |
| Dec 10, 2024 | Class A Common Stock | SSaleDisposed | −6,916 | $245.40F6 | −$1,697,186.4 | 5,827 | Direct | |
| Dec 10, 2024 | Class A Common Stock | SSaleDisposed | −600 | $246.56F7 | −$147,936 | 5,227 | Direct | |
| Dec 10, 2024 | Class A Common Stock | CConversionAcquired | +25,000 | $0.00F8,F9 | $0 | 30,227 | Direct |
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 |
|---|---|---|---|---|---|---|---|---|
| Dec 10, 2024 | Class A Common Stock | CConversionDisposed | −25,000 | $0.00 | $0 | 45,625 | Direct |
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
This transaction was executed in multiple trades at prices ranging from $ 240.05 to $240.09, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
Referenced by the price of 1 transaction in Table I.
- F3
This transaction was executed in multiple trades at prices ranging from $ 242.07 to $242.92, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
Referenced by the price of 1 transaction in Table I.
- F4
This transaction was executed in multiple trades at prices ranging from $ 243.00 to $243.99, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
Referenced by the price of 1 transaction in Table I.
- F5
This transaction was executed in multiple trades at prices ranging from $ 244.00 to $244.99, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
Referenced by the price of 1 transaction in Table I.
- F6
This transaction was executed in multiple trades at prices ranging from $ 245.00 to $245.92, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
Referenced by the price of 1 transaction in Table I.
- F7
This transaction was executed in multiple trades at prices ranging from $ 246.45 to $246.69, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
Referenced by the price of 1 transaction in Table I.
- F8
The Exchange Agreement permits holders of Class B Units to exchange their Class B Units for a number of shares of the Issuer's Class A Common Stock equal to the Class A Common Stock Value less the Adjusted Participation Threshold (as each term is defined in the Exchange Agreement) multiplied by 0.8 times the number of Class B Units being exchanged, divided by the Class A Common Stock Value.
Referenced by the price of 1 transaction in Table I.
- F9
The Reporting Person was granted 200,000 Class B Units on March 24, 2015 with a participation threshold of $0.000; 40,000 of which vested on March 1, 2016 and 3,333 of which vested on the first of each month thereafter.
Referenced by the price of 1 transaction in Table I.