0001209191-23-003190.txt : 20230112
0001209191-23-003190.hdr.sgml : 20230112
20230112183552
ACCESSION NUMBER: 0001209191-23-003190
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230110
FILED AS OF DATE: 20230112
DATE AS OF CHANGE: 20230112
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Chamoun George
CENTRAL INDEX KEY: 0001419488
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40256
FILM NUMBER: 23526828
MAIL ADDRESS:
STREET 1: C/O SYNACOR, INC.
STREET 2: 40 LA RIVIERE DRIVE, SUITE 300
CITY: BUFFALO
STATE: NY
ZIP: 14202
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ACV Auctions Inc.
CENTRAL INDEX KEY: 0001637873
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389]
IRS NUMBER: 472415221
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 640 ELLICOTT STREET
CITY: BUFFALO
STATE: NY
ZIP: 14203
BUSINESS PHONE: 585-317-0406
MAIL ADDRESS:
STREET 1: 640 ELLICOTT STREET
CITY: BUFFALO
STATE: NY
ZIP: 14203
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2023-01-10
0
0001637873
ACV Auctions Inc.
ACVA
0001419488
Chamoun George
C/O ACV AUCTIONS INC.
640 ELLICOTT ST., SUITE 321
BUFFALO
NY
14203
1
1
0
0
Chief Executive Officer
Class A Common Stock
2023-01-10
4
C
0
57604
A
267907
D
Class A Common Stock
2023-01-10
4
S
0
57604
8.428
D
210303
D
Class A Common Stock
2023-01-11
4
C
0
113009
A
323312
D
Class A Common Stock
2023-01-11
4
S
0
113009
8.8975
D
210303
D
Class A Common Stock
2023-01-12
4
C
0
66828
A
277131
D
Class A Common Stock
2023-01-12
4
S
0
66828
9.0778
D
210303
D
Class B Common Stock
2023-01-10
4
C
0
57604
0.00
D
Class A Common Stock
57604
4623922
D
Class B Common Stock
2023-01-11
4
C
0
113009
0.00
D
Class A Common Stock
113009
4510913
D
Class B Common Stock
2023-01-12
4
C
0
66828
0.00
D
Class A Common Stock
66828
4444085
D
Each share of Class B Common Stock is convertible at any time at the option of the reporting person into one share of Class A Common Stock. Each share of Class B Common Stock will convert automatically into shares of Class A common stock, on a one-to-one basis, upon the following: (1) the sale or transfer of such share of Class B Common Stock, subject to certain exceptions specified in the Issuer's amended and restated certificate of incorporation; (2) the death of the reporting person; and (3) the final conversion date, defined as the earlier of (a) the last trading day of the fiscal quarter immediately following the tenth anniversary of the effective date of the Issuer's tenth amended and restated certificate of incorporation; (b) the last trading day of the fiscal quarter during which the then-outstanding shares of Class B Common Stock first represent less than 5% of the aggregate number of then-outstanding shares of Class A Common Stock and Class B Common Stock.
Shares sold pursuant to a Rule 10b5-1 trading plan entered into on September 13, 2022.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.18 to $8.59 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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.53 to $9.07 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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.66 to $9.23 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.
Includes shares previously reported as restricted stock units.
/s/ Michelle Webb, Attorney-in-fact
2023-01-12