Filing Details
- Accession Number:
- 0001209191-22-025696
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-04-26 20:44:12
- Reporting Period:
- 2022-04-26
- Accepted Time:
- 2022-04-26 20:44:12
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1690820 | Carvana Co. | CVNA | () | 4 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1017608 | Ii C. Ernest Garcia | 100 Crescent Court, Suite 1100 Dallas TX 75201 | No | No | Yes | No | |
1704727 | Verde Investments, Inc. | 100 Crescent Court Suite 1100 Dallas TX 75201 | No | No | Yes | 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 | Acquisiton | 2022-04-26 | 37,500 | $80.00 | 593,056 | No | 4 | P | Indirect | Verde Investments, Inc. |
Class A Common Stock | Acquisiton | 2022-04-26 | 850,000 | $80.00 | 850,000 | No | 4 | P | Indirect | Ernest Irrevocable 2004 Trust III |
Class A Common Stock | Acquisiton | 2022-04-26 | 850,000 | $80.00 | 950,000 | No | 4 | P | Indirect | Ernest C. Garcia III Multi-Generational Trust III |
Class A Common Stock | Acquisiton | 2022-04-26 | 3,362,500 | $80.00 | 3,362,500 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | Verde Investments, Inc. |
No | 4 | P | Indirect | Ernest Irrevocable 2004 Trust III |
No | 4 | P | Indirect | Ernest C. Garcia III Multi-Generational Trust III |
No | 4 | P | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Class B Common Stock | 38,937,458 | Direct | |
Class B Common Stock | 11,834,021 | Indirect | Ernest Irrevocable 2004 Trust III |
Class B Common Stock | 11,952,000 | Indirect | Ernest C. Garcia III Multi-Generational Trust III |
Class B Common Stock | 8,000,000 | Indirect | ECG II SPE, LLC |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Class A Common Stock | Class A Units | $0.00 | 0 | 48,671,822 | Direct | ||
Class A Common Stock | Class A Units | $0.00 | 0 | 14,792,526 | Indirect | ||
Class A Common Stock | Class A Units | $0.00 | 0 | 14,940,000 | Indirect | ||
Class A Common Stock | Class A Units | $0.00 | 0 | 10,000,000 | Indirect |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
0 | 48,671,822 | Direct | |
0 | 14,792,526 | Indirect | |
0 | 14,940,000 | Indirect | |
0 | 10,000,000 | Indirect |
Footnotes
- These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.
- These Class A Shares are owned directly by the Ernest Irrevocable 2004 Trust III (the "2004 Trust"). Mr. Garcia may have shared voting and dispositive power with respect to the Class A Shares held by the 2004 Trust. Mr. Garcia is a non-voting co-trustee with respect to the 2004 Trust and Mr. Garcia's son, Ernie Garcia III, is the sole beneficiary.
- These Class A Shares are owned directly by the Ernest C. Garcia III Multi-Generational Trust III (the "Multi-Generational Trust"). Mr. Garcia may have shared voting and dispositive power with respect to the Class A Shares held by the Multi-Generational Trust. Mr. Garcia is a non-voting co-trustee with respect to the Multi-Generational Trust, and Ernie Garcia III and his children are the sole beneficiaries.
- These Class B Shares are owned directly by the 2004 Trust.
- These Class B Shares are owned directly by the Multi-Generational Trust.
- These Class B Shares are owned directly by ECG II SPE, LLC ("E-SPE"), an entity which Mr. Garcia wholly owns and controls.
- These Class A Units are exchangeable for 0.8 Class A Shares pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement").
- These Class A Units are owned directly by the 2004 Trust and are exchangeable for 0.8 Class A Shares pursuant to the Exchange Agreement.
- These Class A Units are owned directly by the Multi-Generational Trust and are exchangeable for 0.8 Class A Shares pursuant to the Exchange Agreement.
- These Class A Units are owned directly by E-SPE and are exchangeable for 0.8 Class A Shares pursuant to the Exchange Agreement.