J. Danforth Quayle - May 7, 2024 Form 4 Insider Report for CARVANA CO. (CVNA)

Role
Director
Signature
/s/ Paul Breaux, by Power of Attorney for J. Danforth Quayle
Stock symbol
CVNA
Transactions as of
May 7, 2024
Transactions value $
-$2,847,736
Form type
4
Date filed
5/8/2024, 05:52 PM
Previous 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 Options Exercise $116K +7.7K +16.26% $15.00 55.1K May 8, 2024 Direct
transaction CVNA Class A Common Stock Sale -$873K -7.7K -13.98% $113.39 47.4K May 8, 2024 Direct F1
transaction CVNA Class A Common Stock Sale -$778K -6.86K -14.48% $113.39 40.5K May 8, 2024 Direct F2
transaction CVNA Class A Common Stock Sale -$446K -3.69K -34.17% $120.74 7.12K May 7, 2024 James D. Quayle Separate Property Trust F3
transaction CVNA Class A Common Stock Sale -$699K -5.75K -80.83% $121.56 1.36K May 7, 2024 James D. Quayle Separate Property Trust F4
transaction CVNA Class A Common Stock Sale -$151K -1.23K -90.18% $122.55 134 May 7, 2024 James D. Quayle Separate Property Trust F5
transaction CVNA Class A Common Stock Sale -$16.5K -134 -100% $123.44 0 May 7, 2024 James D. Quayle Separate Property Trust F6
holding CVNA Class A Common Stock 12.5K May 7, 2024 James D. Quayle 2000 Irrevocable Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CVNA Stock Options (Right to Buy) Options Exercise $0 -7.7K -24.9% $0.00 23.2K May 8, 2024 Class A Common Stock 7.7K $15.00 Direct F7
* 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 $113.18 to $113.51, inclusive. The price reported above reflects the volume weighted average sale 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 sold at each price.
F2 This transaction was executed in multiple trades at prices ranging from $113.14 to $113.77, inclusive. The price reported above reflects the volume weighted average sale 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 sold at each price.
F3 This transaction was executed in multiple trades at prices ranging from $120.21 to $121.19, inclusive. The price reported above reflects the volume weighted average sale 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 sold at each price.
F4 This transaction was executed in multiple trades at prices ranging from $121.19 to $122.17, inclusive. The price reported above reflects the volume weighted average sale 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 sold at each price.
F5 This transaction was executed in multiple trades at prices ranging from $122.22 to $123.18, inclusive. The price reported above reflects the volume weighted average sale 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 sold at each price.
F6 This transaction was executed in multiple trades at prices ranging from $123.27 to $123.98, inclusive. The price reported above reflects the volume weighted average sale 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 sold at each price.
F7 The options vested in three equal annual installments beginning on April 27, 2018.