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Filing Details

Accession Number:: 0001690820-24-000390
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-12-12 18:21:49
Reporting Period:: 2024-12-10

Accepted Time:: 2024-12-12 18:21:49
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1690820	Carvana Co.	CVNA	Retail-Auto Dealers & Gasoline Stations (5500)	814549921

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1702455	J. Ira Platt	C/O Carvana Co. 300 E. Rio Salado Parkway Tempe AZ 85281		Yes	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Disposition	2024-12-10	750	$240.06	29,477	No	4	S	Direct
Class A Common Stock	Disposition	2024-12-10	1,471	$242.62	28,006	No	4	S	Direct
Class A Common Stock	Disposition	2024-12-10	7,320	$243.56	20,686	No	4	S	Direct
Class A Common Stock	Disposition	2024-12-10	7,943	$244.56	12,743	No	4	S	Direct
Class A Common Stock	Disposition	2024-12-10	6,916	$245.40	5,827	No	4	S	Direct
Class A Common Stock	Disposition	2024-12-10	600	$246.56	5,227	No	4	S	Direct
Class A Common Stock	Acquisiton	2024-12-10	25,000	$0.00	30,227	No	4	C	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	C	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Class B Units	Disposition	2024-12-10	31,250	$0.00	25,000	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
45,625			No	4	C	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	850	Indirect	By Parents
Class A Common Stock	64,999	Indirect	By Trust

Footnotes

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").
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 Personundertakes 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.
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 Personundertakes 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.
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 Personundertakes 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.
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 Personundertakes 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.
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 Personundertakes 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.
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 Personundertakes 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.
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.
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.
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.