Robert P. Goodman - 14 Sep 2021 Form 4 Insider Report for ACV Auctions Inc. (ACVA)

Role
Director
Signature
/s/ Robert P. Goodman
Issuer symbol
ACVA
Transactions as of
14 Sep 2021
Net transactions value
-$1,370,237
Form type
4
Filing time
16 Sep 2021, 18:15:45 UTC
Previous filing
13 Sep 2021
Next filing
21 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACVA Class A Common Stock Sale $121,741 -6,084 -1% $20.01 597,152 14 Sep 2021 Direct F1
transaction ACVA Class A Common Stock Sale $1,248,496 -62,707 -11% $19.91 534,445 15 Sep 2021 Direct F2
holding ACVA Class A Common Stock 36,959 14 Sep 2021 See footnote F3
holding ACVA Class A Common Stock 65,310 14 Sep 2021 See footnote F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On September 14, 2021, the Reporting Person sold 6,084 shares of Class A Common Stock of the Issuer (the "Shares"). The Shares were sold in multiple executions at a price per share ranging from $20.00 to $20.03, with an average execution price per share of $20.01. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding such individual executions.
F2 On September 15, 2021, the Reporting Person sold 62,707 shares of Class A Common Stock of the Issuer (the "Second Shares"). The Second Shares were sold in multiple executions at a price per share ranging from $19.85 to $20.04, with an average execution price per share of $19.91. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding such individual executions
F3 The shares reported are held by NB Group, LLC ("NB Group"). NB Group is controlled by the Reporting Person, and the Reporting Person disclaims beneficial ownership of the shares held by this entity, except to the extent of his pecuniary interest therein, if any.
F4 The shares reported are held by Cracktuxet II, LLC ("Cracktuxet II"). Cracktuxet II is controlled by the Reporting Person, and the Reporting Person disclaims beneficial ownership of the shares held by this entity, except to the extent of his pecuniary interest therein, if any.