GREGORY B. SULLIVAN - 17 Sep 2021 Form 4 Insider Report for CARVANA CO. (CVNA)

Role
Director
Signature
/s/ Paul Breaux, by Power of Attorney for Gregory B. Sullivan
Issuer symbol
CVNA
Transactions as of
17 Sep 2021
Net transactions value
-$813,025
Form type
4
Filing time
21 Sep 2021, 19:03:54 UTC
Next filing
18 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVNA Class A Common Stock Options Exercise $37,500 +2,500 +48% $15.00 7,724 17 Sep 2021 Direct F1
transaction CVNA Class A Common Stock Sale $850,525 -2,500 -32% $340.21* 5,224 17 Sep 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CVNA Stock Options (Right to Buy) Options Exercise $0 -2,500 -8.1% $0.000000 28,428 17 Sep 2021 Class A Common Stock 2,500 $15.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option exercise and sale reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 18, 2021.
F2 All shares underlying this option have vested.