Michael E. Maroone - May 16, 2022 Form 4 Insider Report for CARVANA CO. (CVNA)

Role
Director
Signature
/s/ Paul Breaux, by Power of Attorney for Michael E. Maroone
Stock symbol
CVNA
Transactions as of
May 16, 2022
Transactions value $
$160,051
Form type
4
Date filed
5/18/2022, 07:18 PM
Previous filing
Mar 8, 2022
Next filing
Nov 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVNA Class A Common Stock Award $160K +4.17K +8.3% $38.40 54.4K May 16, 2022 Direct F1
holding CVNA Class A Common Stock 1K May 16, 2022 By Maroone Family Partnership, LP F2
holding CVNA Class A Common Stock 20K May 16, 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.