| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CVNA | Class A Common Stock | Tax liability | $120,868 | -972 | -0.5% | $124.35 | 191,580 | 01 Jul 2024 | Direct | F1 |
| transaction | CVNA | Class A Common Stock | Options Exercise | $503,500 | +50,000 | +26% | $10.07* | 241,580 | 01 Jul 2024 | Direct | F2 |
| transaction | CVNA | Class A Common Stock | Sale | $170,212 | -1,400 | -0.58% | $121.58 | 240,180 | 01 Jul 2024 | Direct | F2, F3 |
| transaction | CVNA | Class A Common Stock | Sale | $1,324,618 | -10,764 | -4.5% | $123.06 | 229,416 | 01 Jul 2024 | Direct | F2, F4 |
| transaction | CVNA | Class A Common Stock | Sale | $3,035,558 | -24,506 | -11% | $123.87 | 204,910 | 01 Jul 2024 | Direct | F2, F5 |
| transaction | CVNA | Class A Common Stock | Sale | $1,826,473 | -14,627 | -7.1% | $124.87 | 190,283 | 01 Jul 2024 | Direct | F2, F6 |
| transaction | CVNA | Class A Common Stock | Sale | $326,989 | -2,603 | -1.4% | $125.62 | 187,680 | 01 Jul 2024 | Direct | F2, F7 |
| transaction | CVNA | Class A Common Stock | Sale | $75,996 | -600 | -0.32% | $126.66 | 187,080 | 01 Jul 2024 | Direct | F2, F8 |
| transaction | CVNA | Class A Common Stock | Sale | $64,425 | -500 | -0.27% | $128.85 | 186,580 | 01 Jul 2024 | Direct | F2, F9 |
| 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 | -50,000 | -13% | $0.000000 | 348,513 | 01 Jul 2024 | Class A Common Stock | 50,000 | $10.07 | Direct | F10 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| 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 | The reported option exercise and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 15, 2023. |
| F3 | This transaction was executed in multiple trades at prices ranging from $ 121.20 to $122.13, 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 $ 122.35 to $123.34, 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 $ 123.35 to $124.34, 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 $ 124.35 to $125.34, 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 | This transaction was executed in multiple trades at prices ranging from $ 125.35 to $126.30, 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. |
| F8 | This transaction was executed in multiple trades at prices ranging from $ 126.49 to $127.05, 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. |
| F9 | This transaction was executed in multiple trades at prices ranging from $ 128.30 to $128.99, 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. |
| F10 | The non-qualified stock options representing the right to purchase for the exercise price Class A Common Stock of the Issuer vested 25% on April 1, 2024 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer. |