Craig Eric Anderson - May 28, 2024 Form 4 Insider Report for ACV Auctions Inc. (ACVA)

Role
CCDSO
Signature
/s/ Michelle Webb, Attorney-in-Fact
Stock symbol
ACVA
Transactions as of
May 28, 2024
Transactions value $
-$218,541
Form type
4
Date filed
7/3/2025, 06:24 PM
Previous filing
Apr 11, 2024
Next filing
Jul 3, 2024
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Anderson Craig Eric CCDSO C/O ACV AUCTIONS INC., 640 ELLICOTT ST., SUITE 321, BUFFALO /s/ Michelle Webb, Attorney-in-Fact 2025-07-03 0001852174

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACVA Common Stock Other $0 -40.1K -9.83% $0.00 368K May 28, 2024 Direct F1, F2
transaction ACVA Common Stock Tax liability -$60.1K -3.65K -0.99% $16.48 364K Jul 1, 2025 Direct F1, F3
transaction ACVA Common Stock Tax liability -$85.4K -5.19K -1.42% $16.48 359K Jul 1, 2025 Direct F1, F3
transaction ACVA Common Stock Tax liability -$73K -4.43K -1.23% $16.48 356K Jul 1, 2025 Direct F1, F3, F4

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 Performance Stock Unit Other $0 +40.1K $0.00 40.1K May 28, 2024 Common Stock 40.1K $0.00 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The company's stock previously referred to as Class A Common Stock is now referred to as Common Stock following changes made to the company's articles of incorporation. There was no change to any rights related to the stock.
F2 In a Form 4 filed on June 3, 2024 the PSU grant reflected here, due to an administrative error, was reported as Class A Common Stock in Table I rather than a PSU grant in Table II. The PSUs are hereby being removed from Table I and correctly reported in Table II.
F3 These shares were withheld by the Issuer to cover the tax liability upon the vesting of a time-based restricted stock unit previously granted, and does not represent a discretionary sale by the reporting person.
F4 Includes 1,079 shares acquired pursuant to the Company's 2021 Employee Stock Purchase Plan ("ESPP") for the purchase period of 12/1/2024 to 5/31/2025.
F5 The PSUs are subject to both service-based vesting conditions and a requirement that the average closing price of the Class A Common Stock of Company, as measured over a period of 30 trading days commencing at the grant date and ending July 1, 2027, equals or exceeds a designated level (the "Stock Price Condition"). The PSUs will vest in one-third installments on each of July 1, 2025, 2026 and 2027, provided that the Stock Price Condition has been satisfied prior to the relevant date. If the Stock Price Condition has not yet been satisfied prior to the relevant date, then the PSUs that otherwise would have vested on such date will remain unvested unless and until the Stock Price Condition has been satisfied, subject to the Reporting Person's continuous service through the relevant vesting date.