0001209191-21-046785.txt : 20210715
0001209191-21-046785.hdr.sgml : 20210715
20210715163448
ACCESSION NUMBER: 0001209191-21-046785
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210713
FILED AS OF DATE: 20210715
DATE AS OF CHANGE: 20210715
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Waterman Michael
CENTRAL INDEX KEY: 0001851495
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40256
FILM NUMBER: 211093023
MAIL ADDRESS:
STREET 1: C/O ACV AUCTIONS INC.
STREET 2: 640 ELLICOTT STREET, #321
CITY: BUFFALO
STATE: NY
ZIP: 14203
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
2021-07-13
0
0001637873
ACV Auctions Inc.
ACVA
0001851495
Waterman Michael
C/O ACV AUCTIONS INC.
640 ELLICOTT STREET, #321
BUFFALO
NY
14203
0
1
0
0
Chief Sales Officer
Class A Common Stock
2021-07-13
4
C
0
94086
A
94086
D
Class A Common Stock
2021-07-13
4
S
0
94086
23.19
D
0
D
Employee Stock Option (right to buy)
0.06
2021-07-13
4
M
0
94086
0.00
D
2026-10-25
Class B Common Stock
94086
429502
D
Class B Common Stock
2021-07-13
4
M
0
94086
0.06
A
Class A Common Stock
94086
94086
D
Class B Common Stock
2021-07-13
4
C
0
94086
0.00
D
Class A Common Stock
94086
0
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 first trading day on or after the date on which the outstanding shares of Class B Common Stock represent less than 5.0% of the Issuer's then-outstanding Class A and Class B Common Stock; (b) the tenth anniversary of this offering; or (c) the date specified by vote of the holders of a majority of the outstanding shares of Class B Common Stock, voting as a single class.
Shares sold pursuant to a Rule 10b5-1 trading plan.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.95 to $23.51 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.
Fully vested.
/s/ Jason Minio, Attorney-in-Fact
2021-07-15