Benjamin E. Huston - 19 Jul 2023 Form 4 Insider Report for CARVANA CO. (CVNA)

Role
Chief Operating Officer
Signature
/s/ Paul Breaux, by Power of Attorney for Benjamin E. Huston
Issuer symbol
CVNA
Transactions as of
19 Jul 2023
Transactions value $
$1,794,305
Form type
4
Filing time
21 Jul 2023, 17:27:31
Previous filing
05 Jul 2023
Next filing
03 Aug 2023
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 $2.94M +52.7K +42.15% $55.80 178K 19 Jul 2023 Direct F1
transaction CVNA Class A Common Stock Tax liability -$1.14M -20.5K -11.55% $55.80 157K 19 Jul 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSUs") granted on February 22, 2023 under the Reporting Person's Performance Restricted Stock Unit Award Agreement between Carvana Co. and the Reporting Person, dated February 22, 2023 ("2023 PRSU Agreement"). The performance condition in the 2023 PRSU Agreement has been met, and all RSUs vested on July 19, 2023.
F2 Represents shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of RSUs under the 2023 PRSU Agreement.