Paul Breaux - Feb 21, 2022 Form 4 Insider Report for CARVANA CO. (CVNA)

Role
Vice President, General Counsel, and Secretary
Signature
/s/ Paul Breaux
Stock symbol
CVNA
Transactions as of
Feb 21, 2022
Transactions value $
$829,058
Form type
4
Date filed
2/23/2022, 08:43 PM
Previous filing
Feb 3, 2022
Next filing
Mar 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVNA Class A Common Stock Award $829K +6.56K +23.25% $126.40 34.8K Feb 21, 2022 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) Award $0 +30.8K $0.00 30.8K Feb 21, 2022 Class A Common Stock 30.8K $126.40 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Class A Common Stock of Carvana Co. (the "Issuer") underlying restricted stock units acquired by the Reporting Person. The restricted stock units vest 25% on April 1, 2023 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.
F2 The non-qualified stock options representing the right to purchase for the exercise price Class A Common Stock of the Issuer vest 25% on April 1, 2023 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.

Remarks:

Vice President, General Counsel, and Secretary