Filing Details

Accession Number:
0000899243-21-046326
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-11-30 18:18:17
Reporting Period:
2021-11-26
Accepted Time:
2021-11-30 18:18:17
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1637873 Acv Auctions Inc. ACVA () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1252022 P Robert Goodman C/O Acv Auctions Inc.
640 Ellicott Street, #321
Buffalo NY 14203
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2021-11-26 11,737 $21.10 517,120 No 4 S Direct
Class A Common Stock Disposition 2021-11-26 2,065 $21.10 30,556 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-11-26 3,649 $21.00 53,995 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-11-29 11,737 $21.30 479,072 No 4 S Direct
Class A Common Stock Disposition 2021-11-29 14,062 $21.30 16,494 No 4 S Indirect See footnote
Class A Common Stock Disposition 2021-11-29 24,850 $21.30 29,145 No 4 S Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Direct
No 4 S Indirect See footnote
No 4 S Indirect See footnote
Footnotes
  1. On November 26, 2021, the Reporting Person sold 11,737 shares of Class A Common Stock of the Issuer (the "Shares"). The Shares were sold in multiple executions at a price per share ranging from $21.00 to $21.21, with an average execution price per share of $21.10. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding such individual executions.
  2. On November 26, 2021, the NB Group, LLC ("NB Group") sold 4,338 shares of Class A Common Stock of the Issuer (the "NB Shares"). The NB Shares were sold in multiple executions at a price per share ranging from $21.00 to $21.21, with an average execution price per share of $21.10. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding such individual executions.
  3. The shares reported are held by the NB Group. NB Group is controlled by the Reporting Person, and the Reporting Person disclaims beneficial ownership of the shares held by this entity, except to the extent of his pecuniary interest therein, if any.
  4. On November 26, 2021, Cracktuxet II, LLC ("Cracktuxet II") sold 7,666 shares of Class A Common Stock of the Issuer (the " Cracktuxet Shares"). The Cracktuxet Shares were sold in multiple executions at a price per share ranging from $21.00 to $21.21, with an average execution price per share of $21.10. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding such individual executions.
  5. The shares reported are held by Cracktuxet II. Cracktuxet II is controlled by the Reporting Person, and the Reporting Person disclaims beneficial ownership of the shares held by this entity, except to the extent of his pecuniary interest therein, if any.
  6. On November 29, 2021, the Reporting Person sold 11,737 shares of Class A Common Stock of the Issuer (the "11/29 Shares"). The 11/29 Shares were sold in multiple executions at a price per share ranging from $21.00 to $21.46, with an average execution price per share of $21.30. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding such individual executions.
  7. On November 29, 2021, the NB Group sold 14,062 shares of Class A Common Stock of the Issuer (the "11/29 NB Shares"). The 11/29 NB Shares were sold in multiple executions at a price per share ranging from $21.00 to $21.46, with an average execution price per share of $21.30. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding such individual executions.
  8. On November 29, 2021, Cracktuxet II sold 29,145 shares of Class A Common Stock of the Issuer (the "11/29 Cracktuxet Shares"). The 11/29 Cracktuxet Shares were sold in multiple executions at a price per share ranging from $21.00 to $21.46, with an average execution price per share of $21.30. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding such individual executions.