Ernest C. Garcia III - Sep 1, 2023 Form 4 Insider Report for CARVANA CO. (CVNA)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Paul Breaux, by Power of Attorney for Ernest C. Garcia, III
Stock symbol
CVNA
Transactions as of
Sep 1, 2023
Transactions value $
-$8,899
Form type
4
Date filed
9/5/2023, 06:41 PM
Previous filing
Aug 21, 2023
Next filing
Oct 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVNA Class A Common Stock Tax liability -$8.9K -175 -0.02% $50.85 871K Sep 1, 2023 Direct F1
holding CVNA Class A Common Stock 950K Sep 1, 2023 Ernest C. Garcia III Multi-Generational Trust III F2
holding CVNA Class A Common Stock 850K Sep 1, 2023 Ernest Irrevocable 2004 Trust III F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents total number of shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units pursuant to various awards.
F2 These shares of Class A Common Stock are held directly by the Ernest C. Garcia III Multi-Generational Trust III (the "Multi-Generational Trust"). The Reporting Person is the Co-Administrative Trustee and Co-Investment Trustee of the Multi-Generational Trust and therefore shares voting and dispositive power over the shares held directly by the Multi-Generational Trust.
F3 These shares of Class A Common Stock are held directly by the Ernest Irrevocable 2004 Trust III (the " Irrevocable Trust"). The Reporting Person is the Co-Administrative Trustee and Co-Investment Trustee of the Irrevocable Trust and therefore shares voting and dispositive power over the shares held directly by the Irrevocable Trust.