RYAN S. KEETON - 21 Feb 2022 Form 4 Insider Report for CARVANA CO. (CVNA)

Role: Chief Brand Officer
Signature: /s/ Paul Breaux, by Power of Attorney for Ryan S. Keeton
Issuer symbol: CVNA
Transactions as of: 21 Feb 2022
Net transactions value: +$534,040
Form type: 4
Filing time: 23 Feb 2022, 20:43:23 UTC
Previous filing: 03 Feb 2022
Next filing: 03 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CVNA	Class A Common Stock	Award	$534,040	+4,225	+14%	$126.40	34,735	21 Feb 2022	Direct	F1

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	CVNA	Stock Options (Right to Buy)	Award	$0	+19,864		$0.000000	19,864	21 Feb 2022	Class A Common Stock	19,864	$126.40	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares of Class A Common Stock of the Issuer underlying restricted stock units acquired by the Reporting Person. The restricted stock units vest 25% on April 1, 2023 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.
F2	The non-qualified stock options representing the right to purchase for the exercise price Class A Common Stock of the Issuer vest 25% on April 1, 2023 and monthly thereafter for the following three years, subject to the Reporting Person's continued service with the Issuer.