Robert P. Goodman - Nov 30, 2021 Form 4 Insider Report for ACV Auctions Inc. (ACVA)

Role
Director
Signature
/s/ Robert P. Goodman
Stock symbol
ACVA
Transactions as of
Nov 30, 2021
Transactions value $
-$2,154,267
Form type
4
Date filed
12/2/2021, 03:52 PM
Previous filing
Nov 30, 2021
Next filing
Dec 7, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACVA Class A Common Stock Sale -$943K -44.6K -9.32% $21.13 434K Nov 30, 2021 Direct F1
transaction ACVA Class A Common Stock Sale -$349K -16.5K -100% $21.13 0 Nov 30, 2021 See footnote F2, F3
transaction ACVA Class A Common Stock Sale -$616K -29.1K -100% $21.13 0 Nov 30, 2021 See footnote F4, F5
transaction ACVA Class A Common Stock Sale -$247K -11.7K -2.66% $21.04 429K Dec 1, 2021 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 30, 2021, the Reporting Person sold 44,627 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 $21.00 to $21.49, with an average execution price per share of $21.13. 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 November 30, 2021, the NB Group, LLC ("NB Group") sold 16,494 shares of Class A Common Stock of the Issuer (the "NB Shares"). The NB Shares were sold in multiple executions at a price per share ranging from $21.00 to $21.49, with an average execution price per share of $21.13. 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 the 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 On November 30, 2021, Cracktuxet II, LLC ("Cracktuxet II") sold 29,145 shares of Class A Common Stock of the Issuer (the " Cracktuxet Shares"). The Cracktuxet Shares were sold in multiple executions at a price per share ranging from $21.00 to $21.49, with an average execution price per share of $21.13. 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.
F5 The shares reported are held by 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.
F6 On December 1, 2021, the Reporting Person sold 5,076 shares of Class A Common Stock of the Issuer (the "12/1 Shares"). The 12/1 Shares were sold in multiple executions at a price per share ranging from $21.00 to $21.22, with an average execution price per share of $21.04. 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.