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CVNA

CARVANA CO.

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2331
SEC CIK
0001690820
Parsed reports
1,651

Last 12 months

Inside the activity.

5 purchase rows · 371 sale rows

Disclosed non-derivative P/S rows, by transaction month. Includes amendments and private transactions.
Monthly counts
MonthPurchasesSales
Nov 2025058
Dec 2025042
Jan 2026151
Feb 2026045
Mar 2026024
Apr 2026045
May 2026042
Jun 2026013
Jul 2026418
Aug 2026015
Sep 202608
Oct 2026010

Latest available

Insider transactions

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Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction dateOwner / reported roleActivity / securityShares / unitsReported priceReported valueDetails
December 18, 2020 Filed Dec 22, 2020 22:00 UTC Amendment ConversionClass A Units · Derivative 62,500 $0.00 $0.00
Disclosure

SEC source: 0001209191-20-064866 · doc4a.xml · derivative · entry 1

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 59,612,915

Underlying: Class A Common Stock · 50,000 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement").

F2 · kind: This amendment on Form 4/A to the Form 4 originally filed on December 21, 2020 is made solely to correct the Transaction Code reported in Column 4 of Table II, which should have been reported as Code C in the original Form 4.

F1 · derivative.exercise_date: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement").

F1 · derivative.expiration_date: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement").

Read SEC document
December 17, 2020 Filed Dec 18, 2020 00:42 UTC
JENKINS MARK W.Chief Financial Officer
ConversionClass B Units · Derivative 10,699 $0.00 Strike: $0.00 $0.00
Disclosure

SEC source: 0001690820-20-000306 · wf-form4_160825213920485.xml · derivative · entry 6

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 296,247

Underlying: Class A Common Stock · 8,559 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F6 · derivative.exercise_price: The exchanged Class B Units have a participation threshold of $0.00. The Class B Units have no expiration date.

F2 · kind: The Exchange Agreement permits holders of Class B Units to exchange their Class B Units for a number of shares of the Issuer's Class A Common Stock equal to the Class A Common Stock Value less the Adjusted Participation Threshold (as each term is defined in the Exchange Agreement) multiplied by 0.8 times the number of Class B Units being exchanged, divided by the Class A Common Stock Value.

F4 · kind: The reported sales were effected pursuant to the 10b5-1 Plan. The Reporting Person acquired the Class A Common Stock on December 17, 2020 by exchanging 10,699 Class B Units for 8,559 shares of Class A Common Stock pursuant to the Exchange Agreement.

F6 · kind: The exchanged Class B Units have a participation threshold of $0.00. The Class B Units have no expiration date.

F2 · shares: The Exchange Agreement permits holders of Class B Units to exchange their Class B Units for a number of shares of the Issuer's Class A Common Stock equal to the Class A Common Stock Value less the Adjusted Participation Threshold (as each term is defined in the Exchange Agreement) multiplied by 0.8 times the number of Class B Units being exchanged, divided by the Class A Common Stock Value.

F4 · shares: The reported sales were effected pursuant to the 10b5-1 Plan. The Reporting Person acquired the Class A Common Stock on December 17, 2020 by exchanging 10,699 Class B Units for 8,559 shares of Class A Common Stock pursuant to the Exchange Agreement.

F6 · shares: The exchanged Class B Units have a participation threshold of $0.00. The Class B Units have no expiration date.

F6 · price: The exchanged Class B Units have a participation threshold of $0.00. The Class B Units have no expiration date.

F6 · derivative.exercise_date: The exchanged Class B Units have a participation threshold of $0.00. The Class B Units have no expiration date.

F6 · derivative.expiration_date: The exchanged Class B Units have a participation threshold of $0.00. The Class B Units have no expiration date.

F2 · derivative.underlying_shares: The Exchange Agreement permits holders of Class B Units to exchange their Class B Units for a number of shares of the Issuer's Class A Common Stock equal to the Class A Common Stock Value less the Adjusted Participation Threshold (as each term is defined in the Exchange Agreement) multiplied by 0.8 times the number of Class B Units being exchanged, divided by the Class A Common Stock Value.

F4 · derivative.underlying_shares: The reported sales were effected pursuant to the 10b5-1 Plan. The Reporting Person acquired the Class A Common Stock on December 17, 2020 by exchanging 10,699 Class B Units for 8,559 shares of Class A Common Stock pursuant to the Exchange Agreement.

F6 · derivative.underlying_shares: The exchanged Class B Units have a participation threshold of $0.00. The Class B Units have no expiration date.

F7 · balance_after: The Reporting Person was granted 1,000,000 Class B Units on March 24, 2015 with a participation threshold of $0.000; 200,000 of which vested on July 1, 2015 and 16,667 of which vest on the first of each month thereafter.

Read SEC document
December 17, 2020 Filed Dec 18, 2020 00:42 UTC
JENKINS MARK W.Chief Financial Officer
SaleClass A Common Stock 8,559 $269.44 $2,306,136.96
Disclosure

SEC source: 0001690820-20-000306 · wf-form4_160825213920485.xml · nonDerivative · entry 4

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 33,820

F4 · kind: The reported sales were effected pursuant to the 10b5-1 Plan. The Reporting Person acquired the Class A Common Stock on December 17, 2020 by exchanging 10,699 Class B Units for 8,559 shares of Class A Common Stock pursuant to the Exchange Agreement.

F4 · price: The reported sales were effected pursuant to the 10b5-1 Plan. The Reporting Person acquired the Class A Common Stock on December 17, 2020 by exchanging 10,699 Class B Units for 8,559 shares of Class A Common Stock pursuant to the Exchange Agreement.

F5 · price: This transaction was executed in multiple trades at prices ranging from $268.53 to $270.56, inclusive; the price reported above reflects the volume weighted average sale price.

Read SEC document
December 17, 2020 Filed Dec 18, 2020 00:42 UTC
JENKINS MARK W.Chief Financial Officer
ConversionClass A Common Stock 8,559 $0.00 $0.00
Disclosure

SEC source: 0001690820-20-000306 · wf-form4_160825213920485.xml · nonDerivative · entry 3

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 42,379

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · kind: The reported sales were effected pursuant to the 10b5-1 Plan. The Reporting Person acquired the Class A Common Stock on December 17, 2020 by exchanging 10,699 Class B Units for 8,559 shares of Class A Common Stock pursuant to the Exchange Agreement.

F2 · price: The Exchange Agreement permits holders of Class B Units to exchange their Class B Units for a number of shares of the Issuer's Class A Common Stock equal to the Class A Common Stock Value less the Adjusted Participation Threshold (as each term is defined in the Exchange Agreement) multiplied by 0.8 times the number of Class B Units being exchanged, divided by the Class A Common Stock Value.

F4 · price: The reported sales were effected pursuant to the 10b5-1 Plan. The Reporting Person acquired the Class A Common Stock on December 17, 2020 by exchanging 10,699 Class B Units for 8,559 shares of Class A Common Stock pursuant to the Exchange Agreement.

Read SEC document
December 17, 2020 Filed Dec 18, 2020 00:43 UTC
HUSTON BENJAMIN E.Chief Operating Officer
ConversionClass B Units · Derivative 12,125 $0.00 Strike: $0.00 $0.00
Disclosure

SEC source: 0001690820-20-000309 · wf-form4_160825218641166.xml · derivative · entry 6

HUSTON BENJAMIN E. · CIK 0001700537 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 296,248

Underlying: Class A Common Stock · 9,700 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F6 · derivative.exercise_price: The exchanged Class B Units have a participation threshold of $0.00. The Class B Units have no expiration date.

F2 · kind: The Exchange Agreement permits holders of Class B Units to exchange their Class B Units for a number of shares of the Issuer's Class A Common Stock equal to the Class A Common Stock Value less theAdjusted Participation Threshold (as each term is defined in the Exchange Agreement) multiplied by 0.8 times the number of Class B Units being exchanged, divided by the Class A Common Stock Value.

F4 · kind: The reported sales were effected pursuant to the 10b5-1 Plan. The Reporting Person acquired the Class A Common Stock on December 17, 2020 by exchanging 12,125 Class B Units for 9,700 shares of Class A Common Stock pursuant to the Exchange Agreement.

F6 · kind: The exchanged Class B Units have a participation threshold of $0.00. The Class B Units have no expiration date.

F2 · shares: The Exchange Agreement permits holders of Class B Units to exchange their Class B Units for a number of shares of the Issuer's Class A Common Stock equal to the Class A Common Stock Value less theAdjusted Participation Threshold (as each term is defined in the Exchange Agreement) multiplied by 0.8 times the number of Class B Units being exchanged, divided by the Class A Common Stock Value.

F4 · shares: The reported sales were effected pursuant to the 10b5-1 Plan. The Reporting Person acquired the Class A Common Stock on December 17, 2020 by exchanging 12,125 Class B Units for 9,700 shares of Class A Common Stock pursuant to the Exchange Agreement.

F6 · shares: The exchanged Class B Units have a participation threshold of $0.00. The Class B Units have no expiration date.

F6 · price: The exchanged Class B Units have a participation threshold of $0.00. The Class B Units have no expiration date.

F6 · derivative.exercise_date: The exchanged Class B Units have a participation threshold of $0.00. The Class B Units have no expiration date.

F6 · derivative.expiration_date: The exchanged Class B Units have a participation threshold of $0.00. The Class B Units have no expiration date.

F1 · derivative.underlying_shares: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 3, 2020 (the "10b5-1 Plan"). The Reporting Person acquired the Class A Common Stock on December 15, 2020 by exchanging 375 Class B common units of Carvana Group, LLC ("Class B Units") for 300 shares of Class A Common Stock pursuant to an exchange agreement among the Issuer and certain common unit holders of Carvana Group, LLC, dated April 27, 2017 (the "Exchange Agreement").

F2 · derivative.underlying_shares: The Exchange Agreement permits holders of Class B Units to exchange their Class B Units for a number of shares of the Issuer's Class A Common Stock equal to the Class A Common Stock Value less theAdjusted Participation Threshold (as each term is defined in the Exchange Agreement) multiplied by 0.8 times the number of Class B Units being exchanged, divided by the Class A Common Stock Value.

F6 · derivative.underlying_shares: The exchanged Class B Units have a participation threshold of $0.00. The Class B Units have no expiration date.

F7 · balance_after: The Reporting Person was granted 1,000,000 Class B Units on March 24, 2015 with a participation threshold of $0.00; 250,000 vested on the grant date and 16,667 vest on the first of each month thereafter.

Read SEC document
December 17, 2020 Filed Dec 18, 2020 00:43 UTC
HUSTON BENJAMIN E.Chief Operating Officer
SaleClass A Common Stock 9,700 $269.84 $2,617,448.00
Disclosure

SEC source: 0001690820-20-000309 · wf-form4_160825218641166.xml · nonDerivative · entry 4

HUSTON BENJAMIN E. · CIK 0001700537 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 33,828

F4 · kind: The reported sales were effected pursuant to the 10b5-1 Plan. The Reporting Person acquired the Class A Common Stock on December 17, 2020 by exchanging 12,125 Class B Units for 9,700 shares of Class A Common Stock pursuant to the Exchange Agreement.

F4 · price: The reported sales were effected pursuant to the 10b5-1 Plan. The Reporting Person acquired the Class A Common Stock on December 17, 2020 by exchanging 12,125 Class B Units for 9,700 shares of Class A Common Stock pursuant to the Exchange Agreement.

F5 · price: This transaction was executed in multiple trades at prices ranging from $268.75 to $271.87, inclusive; the price reported above reflects the volume weighted average sale price.

Read SEC document
December 17, 2020 Filed Dec 18, 2020 00:43 UTC
HUSTON BENJAMIN E.Chief Operating Officer
ConversionClass A Common Stock 9,700 $0.00 $0.00
Disclosure

SEC source: 0001690820-20-000309 · wf-form4_160825218641166.xml · nonDerivative · entry 3

HUSTON BENJAMIN E. · CIK 0001700537 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 43,528

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · kind: The reported sales were effected pursuant to the 10b5-1 Plan. The Reporting Person acquired the Class A Common Stock on December 17, 2020 by exchanging 12,125 Class B Units for 9,700 shares of Class A Common Stock pursuant to the Exchange Agreement.

F2 · price: The Exchange Agreement permits holders of Class B Units to exchange their Class B Units for a number of shares of the Issuer's Class A Common Stock equal to the Class A Common Stock Value less theAdjusted Participation Threshold (as each term is defined in the Exchange Agreement) multiplied by 0.8 times the number of Class B Units being exchanged, divided by the Class A Common Stock Value.

F4 · price: The reported sales were effected pursuant to the 10b5-1 Plan. The Reporting Person acquired the Class A Common Stock on December 17, 2020 by exchanging 12,125 Class B Units for 9,700 shares of Class A Common Stock pursuant to the Exchange Agreement.

Read SEC document
December 17, 2020 Filed Dec 21, 2020 23:24 UTC ConversionClass A Units · Derivative 34,376 $0.00 $0.00
Disclosure

SEC source: 0001209191-20-064712 · doc4.xml · derivative · entry 17

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 59,675,415

Underlying: Class A Common Stock · 27,501 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement").

F1 · derivative.exercise_date: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement").

F1 · derivative.expiration_date: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement").

Read SEC document
December 17, 2020 Filed Dec 21, 2020 23:24 UTC OtherClass B Common Stock 27,501 $0.00 $0.00
Disclosure

SEC source: 0001209191-20-064712 · doc4.xml · nonDerivative · entry 13

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 47,740,332

F6 · price: Reflects the cancellation for no consideration of Class B Common Stock of the Issuer ("Class B Shares") in connection with the conversion of Class A Units into Class A Shares. Following the reported transaction, the remaining Class B Shares are owned directly by Ernest C. Garcia II.

Read SEC document
December 17, 2020 Filed Dec 21, 2020 23:24 UTC SaleClass A Common Stock 1,606 $276.42 $443,926.34
Disclosure

SEC source: 0001209191-20-064712 · doc4.xml · nonDerivative · entry 10

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on June 15, 2020, as modified.

F3 · price: Column 4 reflects weighted average prices. These shares were sold in multiple transactions at prices ranging from $272.00-$272.99 inclusive (weighted average of $272.6313); $273.00-$273.99 inclusive (weighted average of $273.3927); $274.00-$274.98 inclusive (weighted average of $274.4250); $275.12-$276.05 inclusive (weighted average of $275.6009); $276.12-$276.84 inclusive (weighted average of $276.4174), respectively. The reporting person undertakes to provide issuer, a securityholder of the issuer or to SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
December 17, 2020 Filed Dec 21, 2020 23:24 UTC ConversionClass A Common Stock 1,606 $0.00 $0.00
Disclosure

SEC source: 0001209191-20-064712 · doc4.xml · nonDerivative · entry 9

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,606

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement").

Read SEC document
December 17, 2020 Filed Dec 21, 2020 23:24 UTC SaleClass A Common Stock 4,025 $275.60 $1,109,293.62
Disclosure

SEC source: 0001209191-20-064712 · doc4.xml · nonDerivative · entry 8

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on June 15, 2020, as modified.

F3 · price: Column 4 reflects weighted average prices. These shares were sold in multiple transactions at prices ranging from $272.00-$272.99 inclusive (weighted average of $272.6313); $273.00-$273.99 inclusive (weighted average of $273.3927); $274.00-$274.98 inclusive (weighted average of $274.4250); $275.12-$276.05 inclusive (weighted average of $275.6009); $276.12-$276.84 inclusive (weighted average of $276.4174), respectively. The reporting person undertakes to provide issuer, a securityholder of the issuer or to SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
December 17, 2020 Filed Dec 21, 2020 23:24 UTC ConversionClass A Common Stock 4,025 $0.00 $0.00
Disclosure

SEC source: 0001209191-20-064712 · doc4.xml · nonDerivative · entry 7

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,025

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement").

Read SEC document
December 17, 2020 Filed Dec 21, 2020 23:24 UTC SaleClass A Common Stock 8,268 $274.43 $2,268,945.90
Disclosure

SEC source: 0001209191-20-064712 · doc4.xml · nonDerivative · entry 6

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on June 15, 2020, as modified.

F3 · price: Column 4 reflects weighted average prices. These shares were sold in multiple transactions at prices ranging from $272.00-$272.99 inclusive (weighted average of $272.6313); $273.00-$273.99 inclusive (weighted average of $273.3927); $274.00-$274.98 inclusive (weighted average of $274.4250); $275.12-$276.05 inclusive (weighted average of $275.6009); $276.12-$276.84 inclusive (weighted average of $276.4174), respectively. The reporting person undertakes to provide issuer, a securityholder of the issuer or to SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
December 17, 2020 Filed Dec 21, 2020 23:24 UTC ConversionClass A Common Stock 8,268 $0.00 $0.00
Disclosure

SEC source: 0001209191-20-064712 · doc4.xml · nonDerivative · entry 5

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,268

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement").

Read SEC document
December 17, 2020 Filed Dec 21, 2020 23:24 UTC SaleClass A Common Stock 7,100 $273.39 $1,941,088.17
Disclosure

SEC source: 0001209191-20-064712 · doc4.xml · nonDerivative · entry 4

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on June 15, 2020, as modified.

F3 · price: Column 4 reflects weighted average prices. These shares were sold in multiple transactions at prices ranging from $272.00-$272.99 inclusive (weighted average of $272.6313); $273.00-$273.99 inclusive (weighted average of $273.3927); $274.00-$274.98 inclusive (weighted average of $274.4250); $275.12-$276.05 inclusive (weighted average of $275.6009); $276.12-$276.84 inclusive (weighted average of $276.4174), respectively. The reporting person undertakes to provide issuer, a securityholder of the issuer or to SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
December 17, 2020 Filed Dec 21, 2020 23:24 UTC ConversionClass A Common Stock 7,100 $0.00 $0.00
Disclosure

SEC source: 0001209191-20-064712 · doc4.xml · nonDerivative · entry 3

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,100

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement").

Read SEC document
December 17, 2020 Filed Dec 21, 2020 23:24 UTC SaleClass A Common Stock 6,502 $272.63 $1,772,648.71
Disclosure

SEC source: 0001209191-20-064712 · doc4.xml · nonDerivative · entry 2

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on June 15, 2020, as modified.

F3 · price: Column 4 reflects weighted average prices. These shares were sold in multiple transactions at prices ranging from $272.00-$272.99 inclusive (weighted average of $272.6313); $273.00-$273.99 inclusive (weighted average of $273.3927); $274.00-$274.98 inclusive (weighted average of $274.4250); $275.12-$276.05 inclusive (weighted average of $275.6009); $276.12-$276.84 inclusive (weighted average of $276.4174), respectively. The reporting person undertakes to provide issuer, a securityholder of the issuer or to SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
December 17, 2020 Filed Dec 21, 2020 23:24 UTC ConversionClass A Common Stock 6,502 $0.00 $0.00
Disclosure

SEC source: 0001209191-20-064712 · doc4.xml · nonDerivative · entry 1

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,502

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement").

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December 17, 2020 Filed Dec 21, 2020 23:23 UTC ConversionClass A Units · Derivative 28,124 $0.00 $0.00
Disclosure

SEC source: 0001209191-20-064708 · doc4.xml · derivative · entry 27

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 59,709,791

Underlying: Class A Common Stock · 22,499 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement").

F1 · derivative.exercise_date: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement").

F1 · derivative.expiration_date: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement").

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December 17, 2020 Filed Dec 21, 2020 23:23 UTC OtherClass B Common Stock 22,499 $0.00 $0.00
Disclosure

SEC source: 0001209191-20-064708 · doc4.xml · nonDerivative · entry 23

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 47,767,833

F6 · price: Reflects the cancellation for no consideration of Class B Common Stock of the Issuer ("Class B Shares") in connection with the conversion of Class A Units into Class A Shares. Following the reported transaction, the remaining Class B Shares are owned directly by Ernest C. Garcia II.

Read SEC document
December 17, 2020 Filed Dec 21, 2020 23:23 UTC SaleClass A Common Stock 1,100 $270.49 $297,539.99
Disclosure

SEC source: 0001209191-20-064708 · doc4.xml · nonDerivative · entry 20

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on June 15, 2020, as modified.

F3 · price: Column 4 reflects weighted average prices. These shares were sold in multiple transactions at prices ranging from $260.50-$261.49 inclusive (weighted average of $261.1574); $261.51-$262.50 inclusive (weighted average of $261.9538); $262.51-$263.40 inclusive (weighted average of $262.9774); $263.69-$264.31 inclusive (weighted average of $263.9800); $264.80-$265.72 inclusive (weighted average of $265.3495); $265.87-$266.78 inclusive (weighted average of $266.2067); $267.03-$267.97 inclusive (weighted average of $267.6333); $268.22-$269.17 inclusive (weighted average of $268.7491); $269.25-$270.22 inclusive (weighted average of $269.5848); $270.30-$270.95 inclusive (weighted average of $270.4909), respectively. The reporting person undertakes to provide issuer, a securityholder of the issuer or to SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
December 17, 2020 Filed Dec 21, 2020 23:23 UTC ConversionClass A Common Stock 1,100 $0.00 $0.00
Disclosure

SEC source: 0001209191-20-064708 · doc4.xml · nonDerivative · entry 19

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,100

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement").

Read SEC document
December 17, 2020 Filed Dec 21, 2020 23:23 UTC SaleClass A Common Stock 1,169 $269.58 $315,144.63
Disclosure

SEC source: 0001209191-20-064708 · doc4.xml · nonDerivative · entry 18

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on June 15, 2020, as modified.

F3 · price: Column 4 reflects weighted average prices. These shares were sold in multiple transactions at prices ranging from $260.50-$261.49 inclusive (weighted average of $261.1574); $261.51-$262.50 inclusive (weighted average of $261.9538); $262.51-$263.40 inclusive (weighted average of $262.9774); $263.69-$264.31 inclusive (weighted average of $263.9800); $264.80-$265.72 inclusive (weighted average of $265.3495); $265.87-$266.78 inclusive (weighted average of $266.2067); $267.03-$267.97 inclusive (weighted average of $267.6333); $268.22-$269.17 inclusive (weighted average of $268.7491); $269.25-$270.22 inclusive (weighted average of $269.5848); $270.30-$270.95 inclusive (weighted average of $270.4909), respectively. The reporting person undertakes to provide issuer, a securityholder of the issuer or to SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
December 17, 2020 Filed Dec 21, 2020 23:23 UTC ConversionClass A Common Stock 1,169 $0.00 $0.00
Disclosure

SEC source: 0001209191-20-064708 · doc4.xml · nonDerivative · entry 17

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,169

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement").

Read SEC document
December 17, 2020 Filed Dec 21, 2020 23:23 UTC SaleClass A Common Stock 1,600 $268.75 $429,998.56
Disclosure

SEC source: 0001209191-20-064708 · doc4.xml · nonDerivative · entry 16

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on June 15, 2020, as modified.

F3 · price: Column 4 reflects weighted average prices. These shares were sold in multiple transactions at prices ranging from $260.50-$261.49 inclusive (weighted average of $261.1574); $261.51-$262.50 inclusive (weighted average of $261.9538); $262.51-$263.40 inclusive (weighted average of $262.9774); $263.69-$264.31 inclusive (weighted average of $263.9800); $264.80-$265.72 inclusive (weighted average of $265.3495); $265.87-$266.78 inclusive (weighted average of $266.2067); $267.03-$267.97 inclusive (weighted average of $267.6333); $268.22-$269.17 inclusive (weighted average of $268.7491); $269.25-$270.22 inclusive (weighted average of $269.5848); $270.30-$270.95 inclusive (weighted average of $270.4909), respectively. The reporting person undertakes to provide issuer, a securityholder of the issuer or to SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
December 17, 2020 Filed Dec 21, 2020 23:23 UTC ConversionClass A Common Stock 1,600 $0.00 $0.00
Disclosure

SEC source: 0001209191-20-064708 · doc4.xml · nonDerivative · entry 15

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,600

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement").

Read SEC document
December 17, 2020 Filed Dec 21, 2020 23:23 UTC SaleClass A Common Stock 600 $267.63 $160,579.98
Disclosure

SEC source: 0001209191-20-064708 · doc4.xml · nonDerivative · entry 14

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on June 15, 2020, as modified.

F3 · price: Column 4 reflects weighted average prices. These shares were sold in multiple transactions at prices ranging from $260.50-$261.49 inclusive (weighted average of $261.1574); $261.51-$262.50 inclusive (weighted average of $261.9538); $262.51-$263.40 inclusive (weighted average of $262.9774); $263.69-$264.31 inclusive (weighted average of $263.9800); $264.80-$265.72 inclusive (weighted average of $265.3495); $265.87-$266.78 inclusive (weighted average of $266.2067); $267.03-$267.97 inclusive (weighted average of $267.6333); $268.22-$269.17 inclusive (weighted average of $268.7491); $269.25-$270.22 inclusive (weighted average of $269.5848); $270.30-$270.95 inclusive (weighted average of $270.4909), respectively. The reporting person undertakes to provide issuer, a securityholder of the issuer or to SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
December 17, 2020 Filed Dec 21, 2020 23:23 UTC ConversionClass A Common Stock 600 $0.00 $0.00
Disclosure

SEC source: 0001209191-20-064708 · doc4.xml · nonDerivative · entry 13

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 600

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement").

Read SEC document
December 17, 2020 Filed Dec 21, 2020 23:23 UTC SaleClass A Common Stock 2,400 $266.21 $638,896.08
Disclosure

SEC source: 0001209191-20-064708 · doc4.xml · nonDerivative · entry 12

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on June 15, 2020, as modified.

F3 · price: Column 4 reflects weighted average prices. These shares were sold in multiple transactions at prices ranging from $260.50-$261.49 inclusive (weighted average of $261.1574); $261.51-$262.50 inclusive (weighted average of $261.9538); $262.51-$263.40 inclusive (weighted average of $262.9774); $263.69-$264.31 inclusive (weighted average of $263.9800); $264.80-$265.72 inclusive (weighted average of $265.3495); $265.87-$266.78 inclusive (weighted average of $266.2067); $267.03-$267.97 inclusive (weighted average of $267.6333); $268.22-$269.17 inclusive (weighted average of $268.7491); $269.25-$270.22 inclusive (weighted average of $269.5848); $270.30-$270.95 inclusive (weighted average of $270.4909), respectively. The reporting person undertakes to provide issuer, a securityholder of the issuer or to SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
December 17, 2020 Filed Dec 21, 2020 23:23 UTC ConversionClass A Common Stock 2,400 $0.00 $0.00
Disclosure

SEC source: 0001209191-20-064708 · doc4.xml · nonDerivative · entry 11

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,400

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement").

Read SEC document
December 17, 2020 Filed Dec 21, 2020 23:23 UTC SaleClass A Common Stock 1,616 $265.35 $428,804.79
Disclosure

SEC source: 0001209191-20-064708 · doc4.xml · nonDerivative · entry 10

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on June 15, 2020, as modified.

F3 · price: Column 4 reflects weighted average prices. These shares were sold in multiple transactions at prices ranging from $260.50-$261.49 inclusive (weighted average of $261.1574); $261.51-$262.50 inclusive (weighted average of $261.9538); $262.51-$263.40 inclusive (weighted average of $262.9774); $263.69-$264.31 inclusive (weighted average of $263.9800); $264.80-$265.72 inclusive (weighted average of $265.3495); $265.87-$266.78 inclusive (weighted average of $266.2067); $267.03-$267.97 inclusive (weighted average of $267.6333); $268.22-$269.17 inclusive (weighted average of $268.7491); $269.25-$270.22 inclusive (weighted average of $269.5848); $270.30-$270.95 inclusive (weighted average of $270.4909), respectively. The reporting person undertakes to provide issuer, a securityholder of the issuer or to SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
December 17, 2020 Filed Dec 21, 2020 23:23 UTC ConversionClass A Common Stock 1,616 $0.00 $0.00
Disclosure

SEC source: 0001209191-20-064708 · doc4.xml · nonDerivative · entry 9

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,616

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement").

Read SEC document
December 17, 2020 Filed Dec 21, 2020 23:23 UTC SaleClass A Common Stock 2,400 $263.98 $633,552.00
Disclosure

SEC source: 0001209191-20-064708 · doc4.xml · nonDerivative · entry 8

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on June 15, 2020, as modified.

F3 · price: Column 4 reflects weighted average prices. These shares were sold in multiple transactions at prices ranging from $260.50-$261.49 inclusive (weighted average of $261.1574); $261.51-$262.50 inclusive (weighted average of $261.9538); $262.51-$263.40 inclusive (weighted average of $262.9774); $263.69-$264.31 inclusive (weighted average of $263.9800); $264.80-$265.72 inclusive (weighted average of $265.3495); $265.87-$266.78 inclusive (weighted average of $266.2067); $267.03-$267.97 inclusive (weighted average of $267.6333); $268.22-$269.17 inclusive (weighted average of $268.7491); $269.25-$270.22 inclusive (weighted average of $269.5848); $270.30-$270.95 inclusive (weighted average of $270.4909), respectively. The reporting person undertakes to provide issuer, a securityholder of the issuer or to SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
December 17, 2020 Filed Dec 21, 2020 23:23 UTC ConversionClass A Common Stock 2,400 $0.00 $0.00
Disclosure

SEC source: 0001209191-20-064708 · doc4.xml · nonDerivative · entry 7

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,400

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement").

Read SEC document
December 17, 2020 Filed Dec 21, 2020 23:23 UTC SaleClass A Common Stock 2,441 $262.98 $641,927.83
Disclosure

SEC source: 0001209191-20-064708 · doc4.xml · nonDerivative · entry 6

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on June 15, 2020, as modified.

F3 · price: Column 4 reflects weighted average prices. These shares were sold in multiple transactions at prices ranging from $260.50-$261.49 inclusive (weighted average of $261.1574); $261.51-$262.50 inclusive (weighted average of $261.9538); $262.51-$263.40 inclusive (weighted average of $262.9774); $263.69-$264.31 inclusive (weighted average of $263.9800); $264.80-$265.72 inclusive (weighted average of $265.3495); $265.87-$266.78 inclusive (weighted average of $266.2067); $267.03-$267.97 inclusive (weighted average of $267.6333); $268.22-$269.17 inclusive (weighted average of $268.7491); $269.25-$270.22 inclusive (weighted average of $269.5848); $270.30-$270.95 inclusive (weighted average of $270.4909), respectively. The reporting person undertakes to provide issuer, a securityholder of the issuer or to SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
December 17, 2020 Filed Dec 21, 2020 23:23 UTC ConversionClass A Common Stock 2,441 $0.00 $0.00
Disclosure

SEC source: 0001209191-20-064708 · doc4.xml · nonDerivative · entry 5

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,441

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement").

Read SEC document
December 17, 2020 Filed Dec 21, 2020 23:23 UTC SaleClass A Common Stock 4,448 $261.95 $1,165,170.50
Disclosure

SEC source: 0001209191-20-064708 · doc4.xml · nonDerivative · entry 4

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on June 15, 2020, as modified.

F3 · price: Column 4 reflects weighted average prices. These shares were sold in multiple transactions at prices ranging from $260.50-$261.49 inclusive (weighted average of $261.1574); $261.51-$262.50 inclusive (weighted average of $261.9538); $262.51-$263.40 inclusive (weighted average of $262.9774); $263.69-$264.31 inclusive (weighted average of $263.9800); $264.80-$265.72 inclusive (weighted average of $265.3495); $265.87-$266.78 inclusive (weighted average of $266.2067); $267.03-$267.97 inclusive (weighted average of $267.6333); $268.22-$269.17 inclusive (weighted average of $268.7491); $269.25-$270.22 inclusive (weighted average of $269.5848); $270.30-$270.95 inclusive (weighted average of $270.4909), respectively. The reporting person undertakes to provide issuer, a securityholder of the issuer or to SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
December 17, 2020 Filed Dec 21, 2020 23:23 UTC ConversionClass A Common Stock 4,448 $0.00 $0.00
Disclosure

SEC source: 0001209191-20-064708 · doc4.xml · nonDerivative · entry 3

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,448

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement").

Read SEC document
December 17, 2020 Filed Dec 21, 2020 23:23 UTC SaleClass A Common Stock 4,725 $261.16 $1,233,968.72
Disclosure

SEC source: 0001209191-20-064708 · doc4.xml · nonDerivative · entry 2

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on June 15, 2020, as modified.

F3 · price: Column 4 reflects weighted average prices. These shares were sold in multiple transactions at prices ranging from $260.50-$261.49 inclusive (weighted average of $261.1574); $261.51-$262.50 inclusive (weighted average of $261.9538); $262.51-$263.40 inclusive (weighted average of $262.9774); $263.69-$264.31 inclusive (weighted average of $263.9800); $264.80-$265.72 inclusive (weighted average of $265.3495); $265.87-$266.78 inclusive (weighted average of $266.2067); $267.03-$267.97 inclusive (weighted average of $267.6333); $268.22-$269.17 inclusive (weighted average of $268.7491); $269.25-$270.22 inclusive (weighted average of $269.5848); $270.30-$270.95 inclusive (weighted average of $270.4909), respectively. The reporting person undertakes to provide issuer, a securityholder of the issuer or to SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

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December 17, 2020 Filed Dec 21, 2020 23:23 UTC ConversionClass A Common Stock 4,725 $0.00 $0.00
Disclosure

SEC source: 0001209191-20-064708 · doc4.xml · nonDerivative · entry 1

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,725

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement").

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December 16, 2020 Filed Dec 18, 2020 23:05 UTC ConversionClass A Units · Derivative 62,500 $0.00 $0.00
Disclosure

SEC source: 0001209191-20-064480 · doc4.xml · derivative · entry 31

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 59,737,915

Underlying: Class A Common Stock · 50,000 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement").

F1 · derivative.exercise_date: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement").

F1 · derivative.expiration_date: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement").

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December 16, 2020 Filed Dec 18, 2020 23:05 UTC OtherClass B Common Stock 50,000 $0.00 $0.00
Disclosure

SEC source: 0001209191-20-064480 · doc4.xml · nonDerivative · entry 27

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 47,790,332

F6 · price: Reflects the cancellation for no consideration of Class B Common Stock of the Issuer ("Class B Shares") in connection with the conversion of Class A Units into Class A Shares. Following the reported transaction, the remaining Class B Shares are owned directly by Ernest C. Garcia II.

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December 16, 2020 Filed Dec 18, 2020 23:05 UTC SaleClass A Common Stock 700 $261.61 $183,130.01
Disclosure

SEC source: 0001209191-20-064480 · doc4.xml · nonDerivative · entry 24

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on June 15, 2020, as modified.

F3 · price: Column 4 reflects weighted average prices. Shares were sold in multiple transactions ranging from $249.88-$250.76 inclusive (weighted average $250.4126); $250.89-$251.75 inclusive (weighted average $251.1899); $252.00-$252.98 inclusive (weighted average $252.5709); $253.05-$254.04 inclusive (weighted average $253.3364); $254.09-$255.08 inclusive (weighted average $254.8866); $255.09-$256.06 inclusive (weighted average $255.5628); $256.10-$257.09 inclusive (weighted average $256.6312); $257.11-$258.10 inclusive (weighted average $257.7544); $258.115-$258.91 inclusive (weighted average $258.4627); $259.49-$260.48 inclusive (weighted average $260.1381); $260.49-$261.48 inclusive (weighted average $260.85); $261.54-$261.78 inclusive (weighted average $261.6143), respectively. The reporting person undertakes to provide issuer, a securityholder of issuer or to SEC staff, upon request, information regarding number of shares sold at each separate price within the ranges set forth herein.

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December 16, 2020 Filed Dec 18, 2020 23:05 UTC ConversionClass A Common Stock 700 $0.00 $0.00
Disclosure

SEC source: 0001209191-20-064480 · doc4.xml · nonDerivative · entry 23

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 700

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement").

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December 16, 2020 Filed Dec 18, 2020 23:05 UTC SaleClass A Common Stock 14,229 $260.85 $3,711,634.65
Disclosure

SEC source: 0001209191-20-064480 · doc4.xml · nonDerivative · entry 22

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on June 15, 2020, as modified.

F3 · price: Column 4 reflects weighted average prices. Shares were sold in multiple transactions ranging from $249.88-$250.76 inclusive (weighted average $250.4126); $250.89-$251.75 inclusive (weighted average $251.1899); $252.00-$252.98 inclusive (weighted average $252.5709); $253.05-$254.04 inclusive (weighted average $253.3364); $254.09-$255.08 inclusive (weighted average $254.8866); $255.09-$256.06 inclusive (weighted average $255.5628); $256.10-$257.09 inclusive (weighted average $256.6312); $257.11-$258.10 inclusive (weighted average $257.7544); $258.115-$258.91 inclusive (weighted average $258.4627); $259.49-$260.48 inclusive (weighted average $260.1381); $260.49-$261.48 inclusive (weighted average $260.85); $261.54-$261.78 inclusive (weighted average $261.6143), respectively. The reporting person undertakes to provide issuer, a securityholder of issuer or to SEC staff, upon request, information regarding number of shares sold at each separate price within the ranges set forth herein.

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December 16, 2020 Filed Dec 18, 2020 23:05 UTC ConversionClass A Common Stock 14,229 $0.00 $0.00
Disclosure

SEC source: 0001209191-20-064480 · doc4.xml · nonDerivative · entry 21

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,229

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement").

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December 16, 2020 Filed Dec 18, 2020 23:05 UTC SaleClass A Common Stock 7,322 $260.14 $1,904,731.17
Disclosure

SEC source: 0001209191-20-064480 · doc4.xml · nonDerivative · entry 20

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on June 15, 2020, as modified.

F3 · price: Column 4 reflects weighted average prices. Shares were sold in multiple transactions ranging from $249.88-$250.76 inclusive (weighted average $250.4126); $250.89-$251.75 inclusive (weighted average $251.1899); $252.00-$252.98 inclusive (weighted average $252.5709); $253.05-$254.04 inclusive (weighted average $253.3364); $254.09-$255.08 inclusive (weighted average $254.8866); $255.09-$256.06 inclusive (weighted average $255.5628); $256.10-$257.09 inclusive (weighted average $256.6312); $257.11-$258.10 inclusive (weighted average $257.7544); $258.115-$258.91 inclusive (weighted average $258.4627); $259.49-$260.48 inclusive (weighted average $260.1381); $260.49-$261.48 inclusive (weighted average $260.85); $261.54-$261.78 inclusive (weighted average $261.6143), respectively. The reporting person undertakes to provide issuer, a securityholder of issuer or to SEC staff, upon request, information regarding number of shares sold at each separate price within the ranges set forth herein.

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December 16, 2020 Filed Dec 18, 2020 23:05 UTC ConversionClass A Common Stock 7,322 $0.00 $0.00
Disclosure

SEC source: 0001209191-20-064480 · doc4.xml · nonDerivative · entry 19

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,322

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement").

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December 16, 2020 Filed Dec 18, 2020 23:05 UTC SaleClass A Common Stock 4,951 $258.46 $1,279,648.83
Disclosure

SEC source: 0001209191-20-064480 · doc4.xml · nonDerivative · entry 18

GARCIA ERNEST C. II · CIK 0001017608 · 10% owner

VERDE INVESTMENTS, INC. · CIK 0001704727 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F2 · kind: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on June 15, 2020, as modified.

F3 · price: Column 4 reflects weighted average prices. Shares were sold in multiple transactions ranging from $249.88-$250.76 inclusive (weighted average $250.4126); $250.89-$251.75 inclusive (weighted average $251.1899); $252.00-$252.98 inclusive (weighted average $252.5709); $253.05-$254.04 inclusive (weighted average $253.3364); $254.09-$255.08 inclusive (weighted average $254.8866); $255.09-$256.06 inclusive (weighted average $255.5628); $256.10-$257.09 inclusive (weighted average $256.6312); $257.11-$258.10 inclusive (weighted average $257.7544); $258.115-$258.91 inclusive (weighted average $258.4627); $259.49-$260.48 inclusive (weighted average $260.1381); $260.49-$261.48 inclusive (weighted average $260.85); $261.54-$261.78 inclusive (weighted average $261.6143), respectively. The reporting person undertakes to provide issuer, a securityholder of issuer or to SEC staff, upon request, information regarding number of shares sold at each separate price within the ranges set forth herein.

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Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.