MICHAEL E. MAROONE - 16 May 2022 Form 4 Insider Report for CARVANA CO. (CVNA)

Role
Director
Signature
/s/ Paul Breaux, by Power of Attorney for Michael E. Maroone
Issuer symbol
CVNA
Transactions as of
16 May 2022
Net transactions value
+$160,051
Form type
4
Filing time
18 May 2022, 19:18:11 UTC
Previous filing
08 Mar 2022
Next filing
08 Nov 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 $160,051 +4,168 +8.3% $38.40 54,392 16 May 2022 Direct F1
holding CVNA Class A Common Stock 1,000 16 May 2022 By Maroone Family Partnership, LP F2
holding CVNA Class A Common Stock 20,000 16 May 2022 By Michael Maroone Family Partnership, LP F3
* 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 100% on May 1, 2023, subject to the Reporting Person's continued service with the Issuer as of such date.
F2 Represents shares held directly by the Maroone Family Partnership, LP, an entity controlled by the Reporting Person. The Reporting Person disclaims beneficial ownership of the indirectly held shares except to the extent of his pecuniary interest therein.
F3 Represents shares held directly by the Michael Maroone Family Partnership, LP, an entity controlled by the Reporting Person.