| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CVNA | Class A Common Stock | Options Exercise | $402,800 | +40,000 | +21% | $10.07 | 230,732 | 04 Nov 2024 | Direct | F1 |
| transaction | CVNA | Class A Common Stock | Options Exercise | $662,664 | +14,989 | +6.5% | $44.21 | 245,721 | 04 Nov 2024 | Direct | F1 |
| transaction | CVNA | Class A Common Stock | Options Exercise | $2,033,228 | +53,506 | +22% | $38.00 | 299,227 | 04 Nov 2024 | Direct | F1 |
| transaction | CVNA | Class A Common Stock | Sale | $2,180,970 | -9,900 | -3.3% | $220.30 | 289,327 | 04 Nov 2024 | Direct | F1, F2 |
| transaction | CVNA | Class A Common Stock | Sale | $428,398 | -1,936 | -0.67% | $221.28 | 287,391 | 04 Nov 2024 | Direct | F1, F3 |
| transaction | CVNA | Class A Common Stock | Sale | $6,279,041 | -28,209 | -9.8% | $222.59 | 259,182 | 04 Nov 2024 | Direct | F1, F4 |
| transaction | CVNA | Class A Common Stock | Sale | $8,904,318 | -39,835 | -15% | $223.53 | 219,347 | 04 Nov 2024 | Direct | F1, F5 |
| transaction | CVNA | Class A Common Stock | Sale | $9,734,951 | -43,386 | -20% | $224.38 | 175,961 | 04 Nov 2024 | Direct | F1, F6 |
| transaction | CVNA | Class A Common Stock | Sale | $10,717,612 | -47,524 | -27% | $225.52 | 128,437 | 04 Nov 2024 | Direct | F1, F7 |
| transaction | CVNA | Class A Common Stock | Sale | $6,656,839 | -29,403 | -23% | $226.40 | 99,034 | 04 Nov 2024 | Direct | F1, F8 |
| transaction | CVNA | Class A Common Stock | Sale | $1,183,208 | -5,200 | -5.3% | $227.54 | 93,834 | 04 Nov 2024 | Direct | F1, F9 |
| transaction | CVNA | Class A Common Stock | Sale | $708,063 | -3,102 | -3.3% | $228.26 | 90,732 | 04 Nov 2024 | Direct | F1, F10 |
| transaction | CVNA | Class A Common Stock | Sale | $1,496,289 | -6,496 | -7.2% | $230.34 | 84,236 | 05 Nov 2024 | Direct | F1, F11 |
| transaction | CVNA | Class A Common Stock | Sale | $1,622,422 | -7,008 | -8.3% | $231.51 | 77,228 | 05 Nov 2024 | Direct | F1, F12 |
| transaction | CVNA | Class A Common Stock | Sale | $1,510,255 | -6,496 | -8.4% | $232.49 | 70,732 | 05 Nov 2024 | Direct | F1, F13 |
| transaction | CVNA | Class A Common Stock | Sale | $4,701,800 | -20,000 | -28% | $235.09 | 50,732 | 05 Nov 2024 | Direct | F1, F14 |
| transaction | CVNA | Class A Common Stock | Conversion of derivative security | $0 | +100,000 | +197% | $0.000000 | 150,732 | 06 Nov 2024 | Direct | F1, F15, F16 |
| transaction | CVNA | Class A Common Stock | Conversion of derivative security | $0 | +40,000 | +27% | $0.000000 | 190,732 | 06 Nov 2024 | Direct | F1, F15, F16 |
| transaction | CVNA | Class A Common Stock | Sale | $2,119,044 | -8,796 | -4.6% | $240.91 | 181,936 | 06 Nov 2024 | Direct | F1, F17 |
| transaction | CVNA | Class A Common Stock | Sale | $714,322 | -2,957 | -1.6% | $241.57 | 178,979 | 06 Nov 2024 | Direct | F1, F18 |
| transaction | CVNA | Class A Common Stock | Sale | $2,002,289 | -8,247 | -4.6% | $242.79 | 170,732 | 06 Nov 2024 | Direct | F1, F19 |
| transaction | CVNA | Class A Common Stock | Conversion of derivative security | $0 | +20,000 | +12% | $0.000000 | 190,732 | 06 Nov 2024 | Direct | F1, F15, F16, F20 |
| 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 | -40,000 | -11% | $0.000000 | 308,513 | 04 Nov 2024 | Class A Common Stock | 40,000 | $10.07 | Direct | F1, F21 |
| transaction | CVNA | Stock Options (Right to Buy) | Options Exercise | $0 | -14,989 | -100% | $0.000000 | 0 | 04 Nov 2024 | Class A Common Stock | 14,989 | $44.21 | Direct | F1, F22 |
| transaction | CVNA | Stock Options (Right to Buy) | Options Exercise | $0 | -53,506 | -100% | $0.000000 | 0 | 04 Nov 2024 | Class A Common Stock | 53,506 | $38.00 | Direct | F1, F23 |
| transaction | CVNA | Class B Units | Conversion of derivative security | $1,604,064 | -133,672 | -67% | $12.00 | 66,328 | 06 Nov 2024 | Class A Common Stock | 100,000 | $12.00 | Direct | F1, F15, F16 |
| transaction | CVNA | Class B Units | Conversion of derivative security | $641,640 | -53,470 | -81% | $12.00 | 12,858 | 06 Nov 2024 | Class A Common Stock | 40,000 | $12.00 | Direct | F1, F15, F16 |
| transaction | CVNA | Class B Units | Conversion of derivative security | $154,296 | -12,858 | -100% | $12.00 | 0 | 06 Nov 2024 | Class A Common Stock | 9,619 | $12.00 | Direct | F1, F15, F16 |
| transaction | CVNA | Class B Units | Conversion of derivative security | $77,842 | -13,398 | -13% | $5.81 | 86,602 | 06 Nov 2024 | Class A Common Stock | 10,381 | $5.81 | Direct | F1, F16, F20 |
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 | The reported option exercises, unit conversions, and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2024. |
| F2 | This transaction was executed in multiple trades at prices ranging from $219.91 to $220.57, 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 $221.00 to $221.99, 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. |
| F4 | This transaction was executed in multiple trades at prices ranging from $222.00 to $222.99, 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. |
| F5 | This transaction was executed in multiple trades at prices ranging from $223.00 to $223.99, 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. |
| F6 | This transaction was executed in multiple trades at prices ranging from $224.00 to $224.99, 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. |
| F7 | This transaction was executed in multiple trades at prices ranging from $225.00 to $225.99, 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. |
| F8 | This transaction was executed in multiple trades at prices ranging from $226.00 to $226.99, 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. |
| F9 | This transaction was executed in multiple trades at prices ranging from $227.00 to $227.92, 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 | This transaction was executed in multiple trades at prices ranging from $228.00 to $228.88, 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. |
| F11 | This transaction was executed in multiple trades at prices ranging from $230.00 to $230.69, 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. |
| F12 | This transaction was executed in multiple trades at prices ranging from $231.12 to $232.11, 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. |
| F13 | This transaction was executed in multiple trades at prices ranging from $232.22 to $233.00, 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. |
| F14 | This transaction was executed in multiple trades at prices ranging from $235.00 to $235.40, 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. |
| F15 | Mr. Jenkins was granted the 200,000 Class B Units on April 27, 2017 with a participation threshold of $12.00; 40,000 of which vested on February 1, 2018 and 3,333 of which vested on the first of each month thereafter. |
| F16 | Pursuant to an exchange agreement among the Issuer and certain common unit holders of Carvana Group, LLC, dated April 27, 2017 (the "Exchange Agreement"), holders of Class B Units may exchange their Class B Units for a number of shares of the Issuer's Class A Common Stock equal to the Class A Common Stock Value less the Adjusted Participation Threshold (as each term is defined in the Exchange Agreement) multiplied by 0.8 times the number of Class B Units being exchanged, divided by the Class A Common Stock Value. |
| F17 | This transaction was executed in multiple trades at prices ranging from $240.25 to $241.24, 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. |
| F18 | This transaction was executed in multiple trades at prices ranging from $241.25 to $241.68, 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. |
| F19 | This transaction was executed in multiple trades at prices ranging from $242.56 to $243.40, 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. |
| F20 | Mr. Jenkins was granted the 100,000 Class B Units on October 21, 2016 with a participation threshold of $5.81; 20,000 vested on January 1, 2017 and 1,667 vested on the first of each month thereafter. |
| F21 | 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. |
| F22 | 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, 2019 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer. |
| F23 | The non-qualified stock options representing the right to purchase for the exercise price Class A Common Stock of the Issuer vest 25% on April 1, 2020 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer. |