Brian Hirsch - Dec 7, 2021 Form 4 Insider Report for ACV Auctions Inc. (ACVA)

Role
Director
Signature
/s/ Brian Hirsch
Stock symbol
ACVA
Transactions as of
Dec 7, 2021
Transactions value $
-$3,008,129
Form type
4
Date filed
12/9/2021, 08:18 PM
Previous filing
Dec 7, 2021
Next filing
Jun 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACVA Class A Common Stock Sale -$572K -27.6K -52.23% $20.69 25.3K Dec 7, 2021 By Tribeca Access Fund GP, LLC F1, F2
transaction ACVA Class A Common Stock Sale -$1M -48.5K -52.23% $20.69 44.4K Dec 7, 2021 By Tribeca Venture Partners II GP, LLC F1, F3
transaction ACVA Class A Common Stock Sale -$519K -25.3K -100% $20.55 0 Dec 8, 2021 By Tribeca Access Fund GP, LLC F2, F4
transaction ACVA Class A Common Stock Sale -$913K -44.4K -100% $20.55 0 Dec 8, 2021 By Tribeca Venture Partners II GP, LLC F3, F4
holding ACVA Class A Common Stock 333K Dec 7, 2021 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.50 to $20.94 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.
F2 The securities are held by Tribeca Access Fund GP, LLC ("TAF GP"). The Reporting Person is a managing partner of TAF GP. The Reporting Person disclaims beneficial ownership of the securities held by TVP II GP, except to the extent of his pecuniary interest, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities.
F3 The securities are held by Tribeca Venture Partners II GP, LLC ("TVP II GP"). The Reporting Person is a managing partner of TVP II GP. The Reporting Person disclaims beneficial ownership of the securities held by TVP II GP, except to the extent of his pecuniary interest, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.50 to $20.76 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.