George Chamoun - Mar 7, 2025 Form 4 Insider Report for ACV Auctions Inc. (ACVA)

Role
Chief Executive Officer, Director
Signature
/s/ Michelle Webb, Attorney-in-Fact
Stock symbol
ACVA
Transactions as of
Mar 7, 2025
Transactions value $
$490,849
Form type
4
Date filed
3/11/2025, 04:27 PM
Previous filing
Mar 6, 2025
Next filing
Mar 21, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACVA Class A Common Stock Options Exercise $42K +300K +11.53% $0.14 2.9M Mar 7, 2025 Direct
transaction ACVA Class A Common Stock Award $787K +41.2K +1.42% $19.13 2.94M Mar 7, 2025 Direct F1
transaction ACVA Class A Common Stock Tax liability -$296K -21K -0.71% $14.11 2.92M Mar 7, 2025 Direct F2
transaction ACVA Class A Common Stock Options Exercise $35K +250K +8.56% $0.14 3.17M Mar 10, 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ACVA Employee Stock Option (Right to Buy) Options Exercise -$42K -300K -31.49% $0.14 653K Mar 7, 2025 Class A Common Stock 300K $0.14 Direct F3
transaction ACVA Employee Stock Option (Right to Buy) Options Exercise -$35K -250K -38.3% $0.14 403K Mar 10, 2025 Class A Common Stock 250K $0.14 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of Restricted Stock Units issued pursuant of the Company's 2024 Target Bonus Program whereby targets defined by the Compensation Committee were deemed to be achieved by the Board of Directors for the fiscal year 2024. The RSUs vested 100% upon grant on March 7, 2025.
F2 These shares were withheld by the Issuer to cover the tax liability upon the immediate vesting of the restricted stock unit granted and does not represent a discretionary sale by the reporting person.
F3 One-fourth (1/4th) of the shares subject to the option award vested on March 22, 2018, and thereafter one-forty-eighth of the shares subject to the option award vested monthly, subject to the Reporting Person's continuous service.