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CARVANA CO. — Director's Dealing 2020
Nov 2, 2020
30038_dirs_2020-11-02_82e31815-061e-48f2-866c-166479cf0fff.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CARVANA CO. (CVNA)
CIK: 0001690820
Period of Report: 2020-10-29
Reporting Person: GILL DANIEL J. (Chief Product Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-10-29 | Class A Common Stock | A | 12022 | $191.19 | Acquired | 21636 | Direct |
| 2020-10-29 | Class A Common Stock | A | 9902 | $191.19 | Acquired | 31538 | Direct |
| 2020-10-29 | Class A Common Stock | A | 5252 | $191.19 | Acquired | 36790 | Direct |
| 2020-10-29 | Class A Common Stock | F | 4683 | $191.19 | Disposed | 32107 | Direct |
| 2020-11-01 | Class A Common Stock | F | 1750 | $185.35 | Disposed | 30357 | Direct |
Footnotes
F1: Represents restricted stock units ("RSUs") granted on April 30, 2018 under the Reporting Owner's Performance Restricted Stock Unit Award Agreement between Carvana Co. and the Reporting Owner dated April 30, 2018 ("2018 PRSU Agreement"). The performance condition in the 2018 PRSU Agreement has been met thus all RSUs vested on October 29, 2020.
F2: Represents RSUs granted on February 25, 2019 under the Reporting Owner's Performance Restricted Stock Unit Award Agreement between Carvana Co. and the Reporting Owner dated February 25, 2019 ("2019 PRSU Agreement"). The performance condition in the 2019 PRSU Agreement has been met thus 3,920 RSUs vested on November 1, 2020 and 2 1/12% will vest on the first of each succeeding month for 29 months.
F3: Represents RSUs granted on February 14, 2020 under the Reporting Owner's Performance Restricted Stock Unit Award Agreement between Carvana Co. and the Reporting Owner dated February 14, 2020 ("2020 PRSU Agreement"). The performance condition in the 2020 PRSU Agreement has been met thus 25% will vest on April 1, 2021 and 2 1/12% will vest of the first of each month thereafter for 36 months.
F4: Represents shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of RSUs from the 2018 PRSU Agreement.
F5: Represents shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of RSUs, including 1,649 withheld for RSUs that vested from the 2019 PRSU Agreement.