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