MICHAEL E. MAROONE - 25 Jan 2024 Form 4 Insider Report for CARVANA CO. (CVNA)

Role
Director
Signature
/s/ Paul Breaux, by Power of Attorney for Michael E. Maroone
Issuer symbol
CVNA
Transactions as of
25 Jan 2024
Net transactions value
$0
Form type
4
Filing time
26 Jan 2024, 18:58:19 UTC
Previous filing
25 Apr 2023
Next filing
04 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVNA Class A Common Stock Award $0 +4,286 +2.2% $0.000000 195,264 25 Jan 2024 Direct F1
transaction CVNA Class A Common Stock Award $0 +5,143 +2.6% $0.000000 200,407 25 Jan 2024 Direct F2
holding CVNA Class A Common Stock 20,000 25 Jan 2024 Michael Maroone Family Partnership, LP F3
holding CVNA Class A Common Stock 264 25 Jan 2024 By Family Trust FBO Michael E. Maroone F4
holding CVNA Class A Common Stock 96 25 Jan 2024 Katherine C. Maroone Residuary Trust F5
holding CVNA Class A Common Stock 92 25 Jan 2024 Katherine C. Maroone Marital Trust F6
holding CVNA Class A Common Stock 20 25 Jan 2024 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. 100% of the restricted stock units vest immediately on grant.
F2 Represents shares of Class A Common Stock of the Issuer underlying restricted stock units acquired by the Reporting Person. The restricted stock units vest 100% on May 1, 2025, subject to the Reporting Person's continued service with the Issuer as of such date.
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.