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

Role
Vice President, General Counsel, and Secretary
Signature
/s/ Paul Breaux
Issuer symbol
CVNA
Transactions as of
21 Feb 2022
Net transactions value
+$829,058
Form type
4
Filing time
23 Feb 2022, 20:43:46 UTC
Previous filing
03 Feb 2022
Next filing
03 Mar 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 Award $829,058 +6,559 +23% $126.40 34,772 21 Feb 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 +30,806 $0.000000 30,806 21 Feb 2022 Class A Common Stock 30,806 $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