Filing Details
- Accession Number:
- 0000950170-23-048860
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-09-19 18:59:27
- Reporting Period:
- 2023-09-14
- Accepted Time:
- 2023-09-19 18:59:27
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1637873 | Acv Auctions Inc. | ACVA | () | E9 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1624149 | L.p. Institutional Ix Partners Venture Bessemer | C/O Bessemer Venture Partners 1865 Palmer Ave., Suite 104 Larchmont NY 10538 | No | No | No | No | |
| 1655213 | L.p. Ix Partners Venture Bessemer | C/O Bessemer Venture Partners 1865 Palmer Ave., Suite 104 Larchmont NY 10538 | No | No | No | No | |
| 1655219 | Deer Ix & Co. L.p. | C/O Bessemer Venture Partners 1865 Palmer Ave., Suite 104 Larchmont NY 10538 | No | No | No | No | |
| 1655220 | Deer Ix & Co. Ltd. | C/O Bessemer Venture Partners 1865 Palmer Ave., Suite 104 Larchmont NY 10538 | No | No | No | No | |
| 1772240 | 15 Angels Iii Llc | C/O Bessemer Venture Partners 1865 Palmer Avenue, Suite 104 Larchmont NY 10538 | No | 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 | 2023-09-14 | 39,073 | $15.80 | 1,814,592 | No | 4 | S | Indirect | See footnote |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Indirect | See footnote |
Footnotes
- On September 14, 2023, Bessemer Venture Partners IX L.P. ("BVP IX"), Bessemer Venture Partners IX Institutional L.P. ("BVP IX Inst"), and 15 Angels III LLC. ("15 Angels" and together with BVP IX and BVP IX Inst, the "BVP IX Funds") sold 21,496, 17,221, and 356 Class A Common Stock of ACV Auctions, Inc., respectively, at a weighted average price of $15.80. These shares were sold in multiple transactions at prices ranging from $15.68 to $16.00. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- After the reported transaction, BVP IX, BVP IX Inst, and 15 Angels own 998,279 shares, 799,774 shares, and 16,539 shares, respectively, of Class A Common Stock.
- Deer IX & Co. Ltd. ("Deer Ltd.") is the general partner of Deer IX & Co. L.P. ("Deer L.P."), which is the general partner of the BVP IX Funds. Deer Ltd. and Deer L.P. disclaim beneficial ownership of the securities held by the BVP IX Funds, and this report shall not be deemed an admission that Deer Ltd. and Deer L.P. are the beneficial owners of such securities, except to the extent of their pecuniary interest therein, if any, by virtue of their direct and indirect general partner interests in the BVP IX Funds.
Billionaire Hedge Funds
