Key facts
- This page summarizes George Chamoun's Form 4 filing for ACV Auctions Inc. (ACVA).
- 9 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 12 Jan 2023, 17:35.
George Chamoun - 10 Jan 2023 Form 4 Insider Report for ACV Auctions Inc. (ACVA)
- Reporting relationship
- Chief Executive Officer, Director
- Issuer ticker
- ACVA
- Reported as of
- 10 Jan 2023
- Net transaction value
- -$2,097,635
- SEC form
- 4
- Accepted by SEC
- 12 Jan 2023, 17:35:52 UTC
- Prior SEC filing
- 05 Jan 2023
- Next SEC filing
- 22 Feb 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Michelle Webb, Attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
George Chamoun filed Form 4 for ACV Auctions Inc. (ACVA) on 12 Jan 2023.
Change
- Previous filing in this sequence was filed on 05 Jan 2023.
- Current net transaction value: -$2,097,635.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
ACVA
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- Shares
- +57,604
- Change %
- +27%
- Price
- Shares after
- 267,907
- Date
- 10 Jan 2023
- Ownership
- Direct
- Footnotes
- F1
ACVA
transaction
Class A Common Stock
Sale
- Transaction value
- $485,487
- Shares
- -57,604
- Change %
- -22%
- Price
- $8.43
- Shares after
- 210,303
- Date
- 10 Jan 2023
- Ownership
- Direct
- Footnotes
- F2, F3
ACVA
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- Shares
- +113,009
- Change %
- +54%
- Price
- Shares after
- 323,312
- Date
- 11 Jan 2023
- Ownership
- Direct
- Footnotes
- F1
ACVA
transaction
Class A Common Stock
Sale
- Transaction value
- $1,005,498
- Shares
- -113,009
- Change %
- -35%
- Price
- $8.90
- Shares after
- 210,303
- Date
- 11 Jan 2023
- Ownership
- Direct
- Footnotes
- F2, F4
ACVA
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- Shares
- +66,828
- Change %
- +32%
- Price
- Shares after
- 277,131
- Date
- 12 Jan 2023
- Ownership
- Direct
- Footnotes
- F1
ACVA
transaction
Class A Common Stock
Sale
- Transaction value
- $606,651
- Shares
- -66,828
- Change %
- -24%
- Price
- $9.08
- Shares after
- 210,303
- Date
- 12 Jan 2023
- Ownership
- Direct
- Footnotes
- F2, F5
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
ACVA
transaction
Derivative
Class B Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- -57,604
- Change %
- -1.2%
- Price
- $0.000000
- Shares after
- 4,623,922
- Date
- 10 Jan 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 57,604
- Exercise price
- Footnotes
- F1, F6
ACVA
transaction
Derivative
Class B Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- -113,009
- Change %
- -2.4%
- Price
- $0.000000
- Shares after
- 4,510,913
- Date
- 11 Jan 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 113,009
- Exercise price
- Footnotes
- F1, F6
ACVA
transaction
Derivative
Class B Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- -66,828
- Change %
- -1.5%
- Price
- $0.000000
- Shares after
- 4,444,085
- Date
- 12 Jan 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 66,828
- Exercise price
- Footnotes
- F1, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 footnotes
Footnote F1
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.
Footnote F2
Shares sold pursuant to a Rule 10b5-1 trading plan entered into on September 13, 2022.
Footnote F3
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.18 to $8.59 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.
Footnote F4
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.53 to $9.07 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.
Footnote F5
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.66 to $9.23 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.
Footnote F6
Includes shares previously reported as restricted stock units.