Brian Hirsch - 05 Sep 2023 Form 4 Insider Report for ACV Auctions Inc. (ACVA)

Role
Director
Signature
/s/ Brian Hirsch
Issuer symbol
ACVA
Transactions as of
05 Sep 2023
Net transactions value
$0
Form type
4
Filing time
07 Sep 2023, 16:45:42 UTC
Previous filing
01 Sep 2023
Next filing
08 Mar 2024
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 Other $0 -42,200 -100% $0.000000* 0 05 Sep 2023 By Tribeca ACV Holdings, LLC F1, F2
transaction ACVA Class A Common Stock Other $0 +365 $0.000000 365 05 Sep 2023 By Tribeca Venture Partners II GP, LLC F3, F4
transaction ACVA Class A Common Stock Other $0 -365 -100% $0.000000* 0 05 Sep 2023 By Tribeca Venture Partners II GP, LLC F4, F5
transaction ACVA Class A Common Stock Other $0 +183 +0.11% $0.000000 168,185 05 Sep 2023 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by Tribeca ACV Holdings, LLC ("TACV") to its general partner and limited partners without additional consideration.
F2 The shares are held by TACV. Tribeca Venture Partners II GP, LLC ("TVP II GP") is the general partner of TACV. The Reporting Person is a managing partner of TVP II GP. The Reporting Person disclaims beneficial ownership of the shares held by TACV, 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 shares.
F3 Represents receipt of shares in the distribution in kind described in footnote (1).
F4 The shares are held by TVP II GP. The Reporting Person is a managing partner of TVP II GP. The Reporting Person disclaims beneficial ownership of the shares 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 shares.
F5 Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by TVP II GP to its members without additional consideration.
F6 Represents receipt of shares in the distribution in kind described in footnote (5).