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
  1. These Class A Shares are owned directly by Verde Investments, Inc., an entity which Mr. Garcia wholly owns and controls.
  2. 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.
  3. 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.
  4. These Class B Shares are owned directly by the 2004 Trust.
  5. These Class B Shares are owned directly by the Multi-Generational Trust.
  6. These Class B Shares are owned directly by ECG II SPE, LLC ("E-SPE"), an entity which Mr. Garcia wholly owns and controls.
  7. 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").
  8. 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.
  9. 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.
  10. These Class A Units are owned directly by E-SPE and are exchangeable for 0.8 Class A Shares pursuant to the Exchange Agreement.