0001144204-18-049718.txt : 20180917 0001144204-18-049718.hdr.sgml : 20180917 20180917190735 ACCESSION NUMBER: 0001144204-18-049718 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180913 FILED AS OF DATE: 20180917 DATE AS OF CHANGE: 20180917 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: DDFS Partnership LP CENTRAL INDEX KEY: 0001725169 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38073 FILM NUMBER: 181074372 BUSINESS ADDRESS: STREET 1: 2100 ROSS AVE STREET 2: SUITE 3300 CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: (917) 861-5424 MAIL ADDRESS: STREET 1: 2100 ROSS AVE STREET 2: SUITE 3300 CITY: DALLAS STATE: TX ZIP: 75201 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: DDFS Management Co LLC CENTRAL INDEX KEY: 0001725762 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38073 FILM NUMBER: 181074373 BUSINESS ADDRESS: STREET 1: 2100 ROSS AVE STREET 2: SUITE 3300 CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: (917) 861-5424 MAIL ADDRESS: STREET 1: 2100 ROSS AVE STREET 2: SUITE 3300 CITY: DALLAS STATE: TX ZIP: 75201 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Dundon Thomas G. CENTRAL INDEX KEY: 0001518314 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38073 FILM NUMBER: 181074374 MAIL ADDRESS: STREET 1: C/O SANTANDER CONSUMER USA STREET 2: 8585 N. STEMMONS FREEWAY, 1100-N CITY: DALLAS STATE: TX ZIP: 75247 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CARVANA CO. CENTRAL INDEX KEY: 0001690820 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-AUTO DEALERS & GASOLINE STATIONS [5500] IRS NUMBER: 814549921 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1930 W. RIO SALADO PARKWAY CITY: TEMPE STATE: AZ ZIP: 85281 BUSINESS PHONE: (480) 719-8809 MAIL ADDRESS: STREET 1: 1930 W. RIO SALADO PARKWAY CITY: TEMPE STATE: AZ ZIP: 85281 4 1 tv502934_form4.xml OWNERSHIP DOCUMENT X0306 4 2018-09-13 1 0001690820 CARVANA CO. CVNA 0001725169 DDFS Partnership LP 2100 ROSS AVE SUITE 3300 DALLAS TX 75201 0 0 1 0 0001725762 DDFS Management Co LLC 2100 ROSS AVE SUITE 3300 DALLAS TX 75201 0 0 1 0 0001518314 Dundon Thomas G. 2100 ROSS AVE SUITE 3300 DALLAS TX 75201 0 0 1 0 Class A Common Stock 2018-09-13 2018-09-13 4 J 0 507755 19.69 A 626722 I See Footnotes Class A Common Stock 2018-09-14 2018-09-14 4 S 0 300000 63.09 D 326722 I See Footnotes Class A Common Stock 2018-09-14 2018-09-14 4 J 0 253877 19.69 A 580599 I See Footnotes Class A Common Stock 2018-09-17 2018-09-17 4 S 0 580599 60.61 D 0 I See Footnotes Class A ConvertiblePreferred Stock 19.69 2018-09-13 2018-09-13 4 C 0 10000 D Class A Common Stock 507755 65000 I See Footnotes Class A Convertible Preferred Stock 19.69 2018-09-14 2018-09-14 4 C 0 5000 D Class A Common Stock 253877 60000 I See Footnotes The Class A Convertible Preferred Stock, par value $0.01 per share of the Company ("Preferred Stock") is convertible at the option of the holders at any time into shares of the Company's Class A Common Stock, par value $0.001 per share ("Common Stock") at an initial conversion rate of 50.78 shares of Common Stock for each share of Preferred Stock, which represents an initial conversion price of approximately $19.6945 per share of Common Stock, subject to anti-dilution and other adjustment. The Reporting Persons exercised their option to convert 10,000 shares of Preferred Stock into 507,755 shares of Common Stock on September 13, 2018, and 5,000 shares of Preferred Stock into 253,877 shares of Common Stock on September 14, 2018. Reflects securities directly held by DDFS Partnership LP, a Delaware limited partnership ("DDFS"). DDFS Management Company LLC, a Delaware limited liability company ("DMC"), is the sole general partner of DDFS and holds a 1% general interest in DDFS. Thomas G. Dundon directly holds 100% of the membership interests in DMC. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.00 to $63.50, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.00 to $63.49, inclusive. DDFS PARTNERSHIP LP by /s/ Thomas G. Dundon, President 2018-09-17 DDFS MANAGEMENT COMPANY LLC by /s/ Thomas G. Dundon, President 2018-09-17 /s/ Thomas G. Dundon, individually 2018-09-17