0001628280-24-015040.txt : 20240405
0001628280-24-015040.hdr.sgml : 20240405
20240405161245
ACCESSION NUMBER: 0001628280-24-015040
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240403
FILED AS OF DATE: 20240405
DATE AS OF CHANGE: 20240405
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Mehta Vikas
CENTRAL INDEX KEY: 0001852328
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40256
FILM NUMBER: 24826652
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]
ORGANIZATION NAME: 07 Trade & Services
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
wk-form4_1712347955.xml
FORM 4
X0508
4
2024-04-03
0
0001637873
ACV Auctions Inc.
ACVA
0001852328
Mehta Vikas
C/O ACV AUCTIONS INC.
640 ELLICOTT ST., SUITE 321
BUFFALO
NY
14203
0
1
0
0
Chief Operating Officer
1
Class A Common Stock
2024-04-03
4
C
0
108342
A
429817
D
Class A Common Stock
2024-04-03
4
S
0
108342
18.40
D
321475
D
Class A Common Stock
2024-04-04
4
C
0
13399
A
334874
D
Class A Common Stock
2024-04-04
4
S
0
13399
18.55
D
321475
D
Class B Common Stock
2024-04-03
4
C
0
108342
0
D
Class A Common Stock
108342
268825
D
Class B Common Stock
2024-04-04
4
C
0
13399
0
D
Class A Common Stock
13399
255426
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 into on September 15, 2023.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.06 to $18.55 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 $18.88 to $18.92 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
2024-04-05