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