J. DANFORTH QUAYLE - 07 May 2024 Form 4 Insider Report for CARVANA CO. (CVNA)

Role
Director
Signature
/s/ Paul Breaux, by Power of Attorney for J. Danforth Quayle
Issuer symbol
CVNA
Transactions as of
07 May 2024
Net transactions value
-$2,847,736
Form type
4
Filing time
08 May 2024, 17:52:44 UTC
Previous filing
26 Jan 2024
Next filing
22 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVNA Class A Common Stock Options Exercise $115,500 +7,700 +16% $15.00 55,062 08 May 2024 Direct
transaction CVNA Class A Common Stock Sale $873,103 -7,700 -14% $113.39 47,362 08 May 2024 Direct F1
transaction CVNA Class A Common Stock Sale $777,629 -6,858 -14% $113.39 40,504 08 May 2024 Direct F2
transaction CVNA Class A Common Stock Sale $446,014 -3,694 -34% $120.74 7,116 07 May 2024 James D. Quayle Separate Property Trust F3
transaction CVNA Class A Common Stock Sale $699,213 -5,752 -81% $121.56 1,364 07 May 2024 James D. Quayle Separate Property Trust F4
transaction CVNA Class A Common Stock Sale $150,736 -1,230 -90% $122.55 134 07 May 2024 James D. Quayle Separate Property Trust F5
transaction CVNA Class A Common Stock Sale $16,541 -134 -100% $123.44 0 07 May 2024 James D. Quayle Separate Property Trust F6
holding CVNA Class A Common Stock 12,500 07 May 2024 James D. Quayle 2000 Irrevocable Trust

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) Options Exercise $0 -7,700 -25% $0.000000 23,228 08 May 2024 Class A Common Stock 7,700 $15.00 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $113.18 to $113.51, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes 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.
F2 This transaction was executed in multiple trades at prices ranging from $113.14 to $113.77, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes 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.
F3 This transaction was executed in multiple trades at prices ranging from $120.21 to $121.19, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes 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.
F4 This transaction was executed in multiple trades at prices ranging from $121.19 to $122.17, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes 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.
F5 This transaction was executed in multiple trades at prices ranging from $122.22 to $123.18, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes 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.
F6 This transaction was executed in multiple trades at prices ranging from $123.27 to $123.98, inclusive. The price reported above reflects the volume weighted average sale price. The Reporting Person undertakes 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.
F7 The options vested in three equal annual installments beginning on April 27, 2018.