Michael E. Maroone - Apr 21, 2023 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
Apr 21, 2023
Transactions value $
$0
Form type
4
Date filed
4/25/2023, 07:34 PM
Previous filing
Feb 10, 2023
Next filing
Jan 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVNA Class A Common Stock Award $0 +20K +12.93% $0.00 174K Apr 21, 2023 Direct F1
transaction CVNA Class A Common Stock Award $0 +16.6K +9.54% $0.00 191K Apr 21, 2023 Direct F2
holding CVNA Class A Common Stock 20K Apr 21, 2023 Michael Maroone Family Partnership, LP F3
holding CVNA Class A Common Stock 264 Apr 21, 2023 By Family Trust FBO Michael E. Maroone F4
holding CVNA Class A Common Stock 96 Apr 21, 2023 Katherine C. Maroone Residuary Trust F5
holding CVNA Class A Common Stock 92 Apr 21, 2023 Katherine C. Maroone Marital Trust F6
holding CVNA Class A Common Stock 20 Apr 21, 2023 Maroone Management Inc. F7
* 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, 2024, subject to the Reporting Person's continued service with the Issuer as of such date.
F2 Represents shares of Class A Common Stock of the Issuer underlying restricted stock units acquired by the Reporting Person. 100% of the restricted stock units vest on April 21, 2023.
F3 Represents shares held directly by the Michael Maroone Family Partnership, LP, an entity controlled by the Reporting Person.
F4 Represents shares held directly by the Family Trust FBO Michael E. Maroone, where the Reporting Person is beneficiary and trustee.
F5 Represents shares held directly by the Katherine C. Maroone Residuary Trust, where the Reporting Person is beneficiary and trustee.
F6 Represents shares held directly by the Katherine C. Maroone Marital Trust, where the Reporting Person serves as trustee.
F7 Represents shares held by Maroone Management Inc., and reported in the Reporting Person's capacity as executor of the Estate of Albert Maroone, which is the sole shareholder of Maroone Management Inc.