| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CVNA | Class A Common Stock | Sale | -$180K | -750 | -2.48% | $240.06 | 29.5K | Dec 10, 2024 | Direct | F1, F2 |
| transaction | CVNA | Class A Common Stock | Sale | -$357K | -1.47K | -4.99% | $242.62 | 28K | Dec 10, 2024 | Direct | F1, F3 |
| transaction | CVNA | Class A Common Stock | Sale | -$1.78M | -7.32K | -26.14% | $243.56 | 20.7K | Dec 10, 2024 | Direct | F1, F4 |
| transaction | CVNA | Class A Common Stock | Sale | -$1.94M | -7.94K | -38.4% | $244.56 | 12.7K | Dec 10, 2024 | Direct | F1, F5 |
| transaction | CVNA | Class A Common Stock | Sale | -$1.7M | -6.92K | -54.27% | $245.40 | 5.83K | Dec 10, 2024 | Direct | F1, F6 |
| transaction | CVNA | Class A Common Stock | Sale | -$148K | -600 | -10.3% | $246.56 | 5.23K | Dec 10, 2024 | Direct | F1, F7 |
| transaction | CVNA | Class A Common Stock | Conversion of derivative security | $0 | +25K | +478.29% | $0.00 | 30.2K | Dec 10, 2024 | Direct | F1, F8, F9 |
| holding | CVNA | Class A Common Stock | 850 | Dec 10, 2024 | By Parents | ||||||
| holding | CVNA | Class A Common Stock | 65K | Dec 10, 2024 | By Trust | F10 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CVNA | Class B Units | Conversion of derivative security | $0 | -31.3K | -40.65% | $0.00 | 45.6K | Dec 10, 2024 | Class A Common Stock | 25K | $0.00 | Direct | F1, F8, F9 |
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 conversions and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 10, 2024 (the "10b5-1 Plan"). |
| F2 | This transaction was executed in multiple trades at prices ranging from $ 240.05 to $240.09, 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 $ 242.07 to $242.92, 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. |
| F4 | This transaction was executed in multiple trades at prices ranging from $ 243.00 to $243.99, 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 $ 244.00 to $244.99, 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 $ 245.00 to $245.92, 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. |
| F7 | This transaction was executed in multiple trades at prices ranging from $ 246.45 to $246.69, 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. |
| F8 | The Exchange Agreement permits holders of Class B Units to 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. |
| F9 | The Reporting Person was granted 200,000 Class B Units on March 24, 2015 with a participation threshold of $0.000; 40,000 of which vested on March 1, 2016 and 3,333 of which vested on the first of each month thereafter. |
| F10 | These Class A Shares are held directly by the Ira J. Platt Revocable Trust (the "Trust"). The Reporting Person is co-trustee of the Trust, and the Reporting Person's spouse is the primary beneficiary of the Trust. |