Ryan S. Keeton - Jun 6, 2022 Form 4 Insider Report for CARVANA CO. (CVNA)

Role: Chief Brand Officer
Signature: /s/ Paul Breaux, by Power of Attorney for Ryan S. Keeton
Stock symbol: CVNA
Transactions as of: Jun 6, 2022
Transactions value $: $989,800
Form type: 4
Date filed: 6/8/2022, 07:57 PM
Previous filing: Jun 3, 2022
Next filing: Jun 13, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CVNA	Class A Common Stock	Purchase	$500K	+20K	+58.36%	$25.02	54.3K	Jun 6, 2022	Direct	F1
transaction	CVNA	Class A Common Stock	Purchase	$489K	+20K	+36.85%	$24.47	74.3K	Jun 7, 2022	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This transaction was executed in multiple trades at prices ranging from $24.99 to $25.03, inclusive. The price reported above reflects the volume weighted average purchase price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares purchased at each price.
F2	The Reporting Person's sale of 7 shares of Issuer class A common stock on February 1, 2022 to pay certain required taxes, despite the Reporting Person having no control over the tax methodology decision made by the Issuer, was matchable under Section 16(b) of the Securities Exchange Act of 1934 with the Reporting Person's purchase of 7 shares of Issuer class A common stock at $24.47 per share on June 7, 2022. The Reporting Person has agreed to pay the Issuer $982.17, representing the full amount of the profit realized in connection with the short-swing transaction.

Content

This transaction was executed in multiple trades at prices ranging from $24.99 to $25.03, inclusive. The price reported above reflects the volume weighted average purchase price. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares purchased at each price.

The Reporting Person's sale of 7 shares of Issuer class A common stock on February 1, 2022 to pay certain required taxes, despite the Reporting Person having no control over the tax methodology decision made by the Issuer, was matchable under Section 16(b) of the Securities Exchange Act of 1934 with the Reporting Person's purchase of 7 shares of Issuer class A common stock at $24.47 per share on June 7, 2022. The Reporting Person has agreed to pay the Issuer $982.17, representing the full amount of the profit realized in connection with the short-swing transaction.