CVNA

SEC source: 0001690820-19-000280 · wf-form4_157480678353898.xml · nonDerivative · entry 2

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 45,705

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 · kind: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2019. The Reporting Person acquired the Class A Common Stock on November 25, 2019 by exchanging 42,481 Class B common units of Carvana Group, LLC ("Class B Units") for 33,985 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").

F1 · price: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2019. The Reporting Person acquired the Class A Common Stock on November 25, 2019 by exchanging 42,481 Class B common units of Carvana Group, LLC ("Class B Units") for 33,985 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").

F3 · 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.

SEC source: 0001690820-19-000281 · wf-form4_157480680510525.xml · derivative · entry 3

HUSTON BENJAMIN E. · CIK 0001700537 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 596,248

Underlying: Class A Common Stock · 16,201 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.

F4 · derivative.exercise_price: The exchanged Class B Units have a participation threshold of $0.00. The Class B Units have no expiration date.

F1 · kind: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2019. The Reporting Person acquired the Class A Common Stock on November 25, 2019 by exchanging 20,252 Class B common units of Carvana Group, LLC ("Class B Units") for 16,201 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").

F3 · 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 exchanged Class B Units have a participation threshold of $0.00. The Class B Units have no expiration date.

F1 · shares: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2019. The Reporting Person acquired the Class A Common Stock on November 25, 2019 by exchanging 20,252 Class B common units of Carvana Group, LLC ("Class B Units") for 16,201 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").

F3 · 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 exchanged Class B Units have a participation threshold of $0.00. The Class B Units have no expiration date.

F4 · price: The exchanged Class B Units have a participation threshold of $0.00. The Class B Units have no expiration date.

F4 · derivative.exercise_date: The exchanged Class B Units have a participation threshold of $0.00. The Class B Units have no expiration date.

F4 · 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 March 14, 2019. The Reporting Person acquired the Class A Common Stock on November 25, 2019 by exchanging 20,252 Class B common units of Carvana Group, LLC ("Class B Units") for 16,201 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").

F3 · 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 exchanged Class B Units have a participation threshold of $0.00. The Class B Units have no expiration date.

F5 · 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.

SEC source: 0001690820-19-000281 · wf-form4_157480680510525.xml · nonDerivative · entry 2

HUSTON BENJAMIN E. · CIK 0001700537 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 27,929

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 · kind: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2019. The Reporting Person acquired the Class A Common Stock on November 25, 2019 by exchanging 20,252 Class B common units of Carvana Group, LLC ("Class B Units") for 16,201 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").

F1 · price: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2019. The Reporting Person acquired the Class A Common Stock on November 25, 2019 by exchanging 20,252 Class B common units of Carvana Group, LLC ("Class B Units") for 16,201 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").

F3 · 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.

SEC source: 0001690820-19-000276 · wf-form4_157446712296355.xml · derivative · entry 6

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 638,731

Underlying: Class A Common Stock · 1,203 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.

F3 · 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 a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2019. The Reporting Person acquired the Class A Common Stock on November 22, 2019 by exchanging 1,504 Class B Units for 1,203 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.

F3 · 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 a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2019. The Reporting Person acquired the Class A Common Stock on November 22, 2019 by exchanging 1,504 Class B Units for 1,203 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.

F3 · 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 a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2019. The Reporting Person acquired the Class A Common Stock on November 22, 2019 by exchanging 1,504 Class B Units for 1,203 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.

SEC source: 0001690820-19-000276 · wf-form4_157446712296355.xml · nonDerivative · entry 4

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,923

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 a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2019. The Reporting Person acquired the Class A Common Stock on November 22, 2019 by exchanging 1,504 Class B Units for 1,203 shares of Class A Common Stock pursuant to the Exchange Agreement.

F3 · 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 a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2019. The Reporting Person acquired the Class A Common Stock on November 22, 2019 by exchanging 1,504 Class B Units for 1,203 shares of Class A Common Stock pursuant to the Exchange Agreement.

SEC source: 0001690820-19-000277 · wf-form4_157446714169645.xml · derivative · entry 6

HUSTON BENJAMIN E. · CIK 0001700537 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 616,500

Underlying: Class A Common Stock · 600 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.

F3 · 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 a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2019. The Reporting Person acquired the Class A Common Stock on November 22, 2019 by exchanging 750 Class B Units for 600 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.

F3 · 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 a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2019. The Reporting Person acquired the Class A Common Stock on November 22, 2019 by exchanging 750 Class B Units for 600 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.

F3 · 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.

F4 · derivative.underlying_shares: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2019. The Reporting Person acquired the Class A Common Stock on November 22, 2019 by exchanging 750 Class B Units for 600 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 $0.00; 250,000 vested on the grant date and 16,667 vest on the first of each month thereafter.

SEC source: 0001690820-19-000277 · wf-form4_157446714169645.xml · nonDerivative · entry 4

HUSTON BENJAMIN E. · CIK 0001700537 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,328

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 a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2019. The Reporting Person acquired the Class A Common Stock on November 22, 2019 by exchanging 750 Class B Units for 600 shares of Class A Common Stock pursuant to the Exchange Agreement.

F3 · 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 a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2019. The Reporting Person acquired the Class A Common Stock on November 22, 2019 by exchanging 750 Class B Units for 600 shares of Class A Common Stock pursuant to the Exchange Agreement.

SEC source: 0001690820-19-000280 · wf-form4_157480678353898.xml · nonDerivative · entry 1

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,720

F1 · kind: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2019. The Reporting Person acquired the Class A Common Stock on November 25, 2019 by exchanging 42,481 Class B common units of Carvana Group, LLC ("Class B Units") for 33,985 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").

F1 · price: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2019. The Reporting Person acquired the Class A Common Stock on November 25, 2019 by exchanging 42,481 Class B common units of Carvana Group, LLC ("Class B Units") for 33,985 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 · price: This transaction was executed in multiple trades at prices ranging from $90.00 to $90.48, inclusive; the price reported above reflects the volume weighted average sale price.

SEC source: 0001690820-19-000281 · wf-form4_157480680510525.xml · nonDerivative · entry 1

HUSTON BENJAMIN E. · CIK 0001700537 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,728

F1 · kind: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2019. The Reporting Person acquired the Class A Common Stock on November 25, 2019 by exchanging 20,252 Class B common units of Carvana Group, LLC ("Class B Units") for 16,201 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").

F1 · price: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2019. The Reporting Person acquired the Class A Common Stock on November 25, 2019 by exchanging 20,252 Class B common units of Carvana Group, LLC ("Class B Units") for 16,201 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 · price: This transaction was executed in multiple trades at prices ranging from $90.00 to $90.66, inclusive; the price reported above reflects the volume weighted average sale price.

SEC source: 0001690820-19-000276 · wf-form4_157446712296355.xml · derivative · entry 5

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 640,235

Underlying: Class A Common Stock · 4,812 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.

F1 · kind: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2019. The Reporting Person acquired the Class A Common Stock on November 21, 2019 by exchanging 6,015 Class B common units of Carvana Group, LLC ("Class B Units") for 4,812 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").

F3 · 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.

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

F1 · shares: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2019. The Reporting Person acquired the Class A Common Stock on November 21, 2019 by exchanging 6,015 Class B common units of Carvana Group, LLC ("Class B Units") for 4,812 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").

F3 · 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.

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 March 15, 2019. The Reporting Person acquired the Class A Common Stock on November 21, 2019 by exchanging 6,015 Class B common units of Carvana Group, LLC ("Class B Units") for 4,812 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").

F3 · 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.

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.

SEC source: 0001690820-19-000276 · wf-form4_157446712296355.xml · nonDerivative · entry 3

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,720

F4 · kind: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2019. The Reporting Person acquired the Class A Common Stock on November 22, 2019 by exchanging 1,504 Class B Units for 1,203 shares of Class A Common Stock pursuant to the Exchange Agreement.

F4 · price: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2019. The Reporting Person acquired the Class A Common Stock on November 22, 2019 by exchanging 1,504 Class B Units for 1,203 shares of Class A Common Stock pursuant to the Exchange Agreement.

F5 · price: This transaction was executed in multiple trades at prices ranging from $90.00 to $90.07, inclusive; the price reported above reflects the volume weighted average sale price.

SEC source: 0001690820-19-000276 · wf-form4_157446712296355.xml · nonDerivative · entry 2

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,532

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 · kind: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2019. The Reporting Person acquired the Class A Common Stock on November 21, 2019 by exchanging 6,015 Class B common units of Carvana Group, LLC ("Class B Units") for 4,812 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").

F1 · price: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2019. The Reporting Person acquired the Class A Common Stock on November 21, 2019 by exchanging 6,015 Class B common units of Carvana Group, LLC ("Class B Units") for 4,812 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").

F3 · 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.

SEC source: 0001690820-19-000277 · wf-form4_157446714169645.xml · derivative · entry 5

HUSTON BENJAMIN E. · CIK 0001700537 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 617,250

Underlying: Class A Common Stock · 23,199 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.

F1 · kind: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2019. The Reporting Person acquired the Class A Common Stock on November 21, 2019 by exchanging 28,999 Class B common units of Carvana Group, LLC ("Class B Units") for 23,199 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").

F3 · 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.

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

F1 · shares: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2019. The Reporting Person acquired the Class A Common Stock on November 21, 2019 by exchanging 28,999 Class B common units of Carvana Group, LLC ("Class B Units") for 23,199 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").

F3 · 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 · 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 March 14, 2019. The Reporting Person acquired the Class A Common Stock on November 21, 2019 by exchanging 28,999 Class B common units of Carvana Group, LLC ("Class B Units") for 23,199 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").

F3 · 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.

SEC source: 0001690820-19-000277 · wf-form4_157446714169645.xml · nonDerivative · entry 3

HUSTON BENJAMIN E. · CIK 0001700537 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,728

F4 · kind: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2019. The Reporting Person acquired the Class A Common Stock on November 22, 2019 by exchanging 750 Class B Units for 600 shares of Class A Common Stock pursuant to the Exchange Agreement.

F4 · price: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2019. The Reporting Person acquired the Class A Common Stock on November 22, 2019 by exchanging 750 Class B Units for 600 shares of Class A Common Stock pursuant to the Exchange Agreement.

F5 · price: This transaction was executed in multiple trades at prices ranging from $90.00 to $90.07, inclusive; the price reported above reflects the volume weighted average sale price.

SEC source: 0001690820-19-000277 · wf-form4_157446714169645.xml · nonDerivative · entry 2

HUSTON BENJAMIN E. · CIK 0001700537 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 34,927

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 · kind: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2019. The Reporting Person acquired the Class A Common Stock on November 21, 2019 by exchanging 28,999 Class B common units of Carvana Group, LLC ("Class B Units") for 23,199 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").

F1 · price: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2019. The Reporting Person acquired the Class A Common Stock on November 21, 2019 by exchanging 28,999 Class B common units of Carvana Group, LLC ("Class B Units") for 23,199 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").

F3 · 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.

SEC source: 0001690820-19-000276 · wf-form4_157446712296355.xml · nonDerivative · entry 1

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,720

F1 · kind: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2019. The Reporting Person acquired the Class A Common Stock on November 21, 2019 by exchanging 6,015 Class B common units of Carvana Group, LLC ("Class B Units") for 4,812 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").

F1 · price: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2019. The Reporting Person acquired the Class A Common Stock on November 21, 2019 by exchanging 6,015 Class B common units of Carvana Group, LLC ("Class B Units") for 4,812 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 · price: This transaction was executed in multiple trades at prices ranging from $90.00 to $90.19, inclusive; the price reported above reflects the volume weighted average sale price.

SEC source: 0001690820-19-000277 · wf-form4_157446714169645.xml · nonDerivative · entry 1

HUSTON BENJAMIN E. · CIK 0001700537 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,728

F1 · kind: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2019. The Reporting Person acquired the Class A Common Stock on November 21, 2019 by exchanging 28,999 Class B common units of Carvana Group, LLC ("Class B Units") for 23,199 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").

F1 · price: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2019. The Reporting Person acquired the Class A Common Stock on November 21, 2019 by exchanging 28,999 Class B common units of Carvana Group, LLC ("Class B Units") for 23,199 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 · price: This transaction was executed in multiple trades at prices ranging from $90.00 to $90.22, inclusive; the price reported above reflects the volume weighted average sale price.

SEC source: 0001690820-19-000273 · wf-form4_157437446262348.xml · derivative · entry 6

PLATT IRA J. · CIK 0001702455 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock · 733 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.

F2 · derivative.exercise_price: Pursuant to the Exchange Agreement, the Class A Units are exchangeable for 0.8 shares of Class A Common Stock of the Issuer. The Class A Units have no expiration date.

F1 · kind: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2019. The Reporting Person acquired the Class A Common Stock on November 19, 2019 by exchanging 916 Class A common units of Carvana Group, LLC ("Class A Units") for 733 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 · kind: Pursuant to the Exchange Agreement, the Class A Units are exchangeable for 0.8 shares of Class A Common Stock of the Issuer. The Class A Units have no expiration date.

F2 · price: Pursuant to the Exchange Agreement, the Class A Units are exchangeable for 0.8 shares of Class A Common Stock of the Issuer. The Class A Units have no expiration date.

F2 · derivative.exercise_date: Pursuant to the Exchange Agreement, the Class A Units are exchangeable for 0.8 shares of Class A Common Stock of the Issuer. The Class A Units have no expiration date.

F2 · derivative.expiration_date: Pursuant to the Exchange Agreement, the Class A Units are exchangeable for 0.8 shares of Class A Common Stock of the Issuer. The Class A 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 March 15, 2019. The Reporting Person acquired the Class A Common Stock on November 19, 2019 by exchanging 916 Class A common units of Carvana Group, LLC ("Class A Units") for 733 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: Pursuant to the Exchange Agreement, the Class A Units are exchangeable for 0.8 shares of Class A Common Stock of the Issuer. The Class A Units have no expiration date.

SEC source: 0001690820-19-000273 · wf-form4_157437446262348.xml · nonDerivative · entry 4

PLATT IRA J. · CIK 0001702455 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F3 · balance_after: Reflects the cancellation for no consideration of Class B Common Stock in connection with the conversion of Class A Units into Class A Common Stock.

SEC source: 0001690820-19-000273 · wf-form4_157437446262348.xml · nonDerivative · entry 3

PLATT IRA J. · CIK 0001702455 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 22,381

F1 · kind: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2019. The Reporting Person acquired the Class A Common Stock on November 19, 2019 by exchanging 916 Class A common units of Carvana Group, LLC ("Class A Units") for 733 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").

SEC source: 0001690820-19-000273 · wf-form4_157437446262348.xml · nonDerivative · entry 2

PLATT IRA J. · CIK 0001702455 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 22,481

F1 · kind: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2019. The Reporting Person acquired the Class A Common Stock on November 19, 2019 by exchanging 916 Class A common units of Carvana Group, LLC ("Class A Units") for 733 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").

SEC source: 0001690820-19-000273 · wf-form4_157437446262348.xml · nonDerivative · entry 1

PLATT IRA J. · CIK 0001702455 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 23,115

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 · kind: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2019. The Reporting Person acquired the Class A Common Stock on November 19, 2019 by exchanging 916 Class A common units of Carvana Group, LLC ("Class A Units") for 733 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").

F1 · price: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2019. The Reporting Person acquired the Class A Common Stock on November 19, 2019 by exchanging 916 Class A common units of Carvana Group, LLC ("Class A Units") for 733 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 · price: Pursuant to the Exchange Agreement, the Class A Units are exchangeable for 0.8 shares of Class A Common Stock of the Issuer. The Class A Units have no expiration date.

SEC source: 0001690820-19-000271 · wf-form4_157368414230893.xml · nonDerivative · entry 5

GARCIA ERNEST C. III · CIK 0001700548 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,412

F5 · shares: The reported shares were contributed to the Issuer to fund restricted stock unit awards to employees of Carvana, LLC under the Issuer's 2017 Omnibus Incentive Plan at no charge to Issuer, pursuant to a Contribution Agreement dated November 5, 2019, by and between the Issuer and the Reporting Person.

SEC source: 0001690820-19-000271 · wf-form4_157368414230893.xml · nonDerivative · entry 4

GARCIA ERNEST C. III · CIK 0001700548 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 41,452

F4 · shares: The reported shares were transferred to the Reporting Person from the direct holdings of the Trust.

SEC source: 0001690820-19-000271 · wf-form4_157368414230893.xml · nonDerivative · entry 3

GARCIA ERNEST C. III · CIK 0001700548 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 0

F4 · shares: The reported shares were transferred to the Reporting Person from the direct holdings of the Trust.

F1 · ownership.nature: This Class A Common Stock is held directly by the Ernest Irrevocable 2004 Trust III (the "Trust"). The Reporting Person is the Co-Administrative Trustee and Co-Investment Trustee of the Trust and therefore shares voting and dispositive power over the stock held directly by the Trust.

SEC source: 0001209191-19-056063 · doc4.xml · derivative · entry 12

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

10b5-1 filing: Not disclosed

Ownership: Indirect · Ernest Irrevocable 2004 Trust III

Disclosed balance after: 14,792,526

Underlying: Class A Common Stock · 29,040 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 the Ernest Irrevocable 2004 Trust III ( the "2004 Trust") 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"). Mr. Garcia has shared investment and dispository power of the 2004 Trust assets and Mr. Garcia's son, Ernest Garcia, III is the sole beneficiary of the 2004 Trust.

F1 · derivative.exercise_date: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by the Ernest Irrevocable 2004 Trust III ( the "2004 Trust") 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"). Mr. Garcia has shared investment and dispository power of the 2004 Trust assets and Mr. Garcia's son, Ernest Garcia, III is the sole beneficiary of the 2004 Trust.

F1 · derivative.expiration_date: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by the Ernest Irrevocable 2004 Trust III ( the "2004 Trust") 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"). Mr. Garcia has shared investment and dispository power of the 2004 Trust assets and Mr. Garcia's son, Ernest Garcia, III is the sole beneficiary of the 2004 Trust.

SEC source: 0001209191-19-056063 · doc4.xml · nonDerivative · entry 7

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

10b5-1 filing: Not disclosed

Ownership: Indirect · Ernest Irrevocable 2004 Trust III

Disclosed balance after: 11,834,021

F5 · ownership.nature: Reflects the cancellation for no consideration of Class A 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 the 2004 Trust.

SEC source: 0001209191-19-056063 · doc4.xml · nonDerivative · entry 4

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

10b5-1 filing: Not disclosed

Ownership: Indirect · Ernest Irrevocable 2004 Trust III

Disclosed balance after: 0

F3 · shares: These Class A Shares are owned directly by the 2004 Trust. On November 8, 2019, the 2004 Trust Distributed 29,040 shares of Class A Common Stock to its sole beneficiary.

SEC source: 0001209191-19-056063 · doc4.xml · nonDerivative · entry 3

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

10b5-1 filing: Not disclosed

Ownership: Indirect · Ernest Irrevocable 2004 Trust III

Disclosed balance after: 29,040

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 · shares: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by the Ernest Irrevocable 2004 Trust III ( the "2004 Trust") 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"). Mr. Garcia has shared investment and dispository power of the 2004 Trust assets and Mr. Garcia's son, Ernest Garcia, III is the sole beneficiary of the 2004 Trust.

SEC source: 0001690820-19-000271 · wf-form4_157368414230893.xml · derivative · entry 7

GARCIA ERNEST C. III · CIK 0001700548 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 14,792,526

Underlying: Class A Common Stock · 29,040 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: Pursuant to an exchange agreement among the Issuer and certain common unit holders of Carvana Group, LLC, dated April 27, 2017, the Class A Units are exchangeable for 0.8 shares of Class A Common Stock of the Issuer. The Class A Units do not expire.

F6 · derivative.exercise_date: Pursuant to an exchange agreement among the Issuer and certain common unit holders of Carvana Group, LLC, dated April 27, 2017, the Class A Units are exchangeable for 0.8 shares of Class A Common Stock of the Issuer. The Class A Units do not expire.

F6 · derivative.expiration_date: Pursuant to an exchange agreement among the Issuer and certain common unit holders of Carvana Group, LLC, dated April 27, 2017, the Class A Units are exchangeable for 0.8 shares of Class A Common Stock of the Issuer. The Class A Units do not expire.

F7 · ownership.nature: These Class A Units are held directly by the Trust.

SEC source: 0001690820-19-000271 · wf-form4_157368414230893.xml · nonDerivative · entry 2

GARCIA ERNEST C. III · CIK 0001700548 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 11,834,021

F2 · balance_after: Reflects the cancellation for no consideration of Class B Common Stock in connection with the conversion of Class A Units into Class A Common Stock.

F3 · ownership.nature: This Class B Common Stock is held directly by the Trust.

SEC source: 0001690820-19-000271 · wf-form4_157368414230893.xml · nonDerivative · entry 1

GARCIA ERNEST C. III · CIK 0001700548 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 29,040

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 · ownership.nature: This Class A Common Stock is held directly by the Ernest Irrevocable 2004 Trust III (the "Trust"). The Reporting Person is the Co-Administrative Trustee and Co-Investment Trustee of the Trust and therefore shares voting and dispositive power over the stock held directly by the Trust.

SEC source: 0001690820-19-000261 · wf-form4_157298910778811.xml · nonDerivative · entry 1

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,720

F1 · shares: Represents shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units.

SEC source: 0001690820-19-000256 · wf-form4_157298900122186.xml · nonDerivative · entry 1

GILL DANIEL J. · CIK 0001700538 · Chief Product Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,393

F1 · shares: Represents shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units.

SEC source: 0001690820-19-000258 · wf-form4_157298904576581.xml · nonDerivative · entry 1

HUSTON BENJAMIN E. · CIK 0001700537 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,728

F1 · shares: Represents shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units.

SEC source: 0001690820-19-000257 · wf-form4_157298902291161.xml · nonDerivative · entry 1

GARCIA ERNEST C. III · CIK 0001700548 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,412

F1 · shares: Represents shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units.

SEC source: 0001690820-19-000260 · wf-form4_157298908608544.xml · nonDerivative · entry 1

BREAUX PAUL W. · CIK 0001700545 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,301

F1 · shares: Represents shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units.

SEC source: 0001690820-19-000259 · wf-form4_157298906777708.xml · nonDerivative · entry 1

KEETON RYAN S. · CIK 0001700542 · Chief Brand Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,421

F1 · shares: Represents shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units.

SEC source: 0001690820-19-000244 · wf-form4_157013870568521.xml · nonDerivative · entry 1

GILL DANIEL J. · CIK 0001700538 · Chief Product Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,486

F1 · shares: Represents shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units.

SEC source: 0001690820-19-000246 · wf-form4_157013875498775.xml · nonDerivative · entry 1

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,836

F1 · shares: Represents shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units.

SEC source: 0001690820-19-000243 · wf-form4_157013868105713.xml · nonDerivative · entry 1

GARCIA ERNEST C. III · CIK 0001700548 · Director · Chief Executive Officer · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,535

F1 · shares: Represents shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units.

SEC source: 0001690820-19-000248 · wf-form4_157014191027948.xml · nonDerivative · entry 1

HUSTON BENJAMIN E. · CIK 0001700537 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,844

F1 · shares: Represents shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units.

SEC source: 0001690820-19-000247 · wf-form4_157013877874753.xml · nonDerivative · entry 1

BREAUX PAUL W. · CIK 0001700545 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,366

F1 · shares: Represents shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units.

SEC source: 0001690820-19-000245 · wf-form4_157013873044485.xml · nonDerivative · entry 1

KEETON RYAN S. · CIK 0001700542 · Chief Brand Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,486

F1 · shares: Represents shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units.

SEC source: 0001690820-19-000227 · wf-form4_156806282752402.xml · derivative · entry 6

PLATT IRA J. · CIK 0001702455 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 916

Underlying: Class A Common Stock · 10,700 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.

F2 · derivative.exercise_price: Pursuant to the Exchange Agreement, the Class A Units are exchangeable for 0.8 shares of Class A Common Stock of the Issuer. The Class A Units have no expiration date.

F1 · kind: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2019. The Reporting Person acquired the Class A Common Stock on September 5, 2019 by exchanging 13,375 Class A common units of Carvana Group, LLC ("Class A Units") for 10,700 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 · kind: Pursuant to the Exchange Agreement, the Class A Units are exchangeable for 0.8 shares of Class A Common Stock of the Issuer. The Class A Units have no expiration date.

F2 · price: Pursuant to the Exchange Agreement, the Class A Units are exchangeable for 0.8 shares of Class A Common Stock of the Issuer. The Class A Units have no expiration date.

F2 · derivative.exercise_date: Pursuant to the Exchange Agreement, the Class A Units are exchangeable for 0.8 shares of Class A Common Stock of the Issuer. The Class A Units have no expiration date.

F2 · derivative.expiration_date: Pursuant to the Exchange Agreement, the Class A Units are exchangeable for 0.8 shares of Class A Common Stock of the Issuer. The Class A 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 March 15, 2019. The Reporting Person acquired the Class A Common Stock on September 5, 2019 by exchanging 13,375 Class A common units of Carvana Group, LLC ("Class A Units") for 10,700 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: Pursuant to the Exchange Agreement, the Class A Units are exchangeable for 0.8 shares of Class A Common Stock of the Issuer. The Class A Units have no expiration date.

SEC source: 0001690820-19-000227 · wf-form4_156806282752402.xml · nonDerivative · entry 4

PLATT IRA J. · CIK 0001702455 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By Parents

Disclosed balance after: 850

F5 · kind: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person's parents on March 15, 2019.

F5 · price: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person's parents on March 15, 2019.

F6 · price: This transaction was executed in multiple trades at prices ranging from $85.00 to $85.01, inclusive; the price reported above reflects the volume weighted average sale price.

SEC source: 0001690820-19-000227 · wf-form4_156806282752402.xml · nonDerivative · entry 3

PLATT IRA J. · CIK 0001702455 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 733

F4 · balance_after: Reflects the cancellation for no consideration of Class B Common Stock in connection with the conversion of Class A Units into Class A Common Stock.

SEC source: 0001690820-19-000227 · wf-form4_156806282752402.xml · nonDerivative · entry 2

PLATT IRA J. · CIK 0001702455 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 22,382

F1 · kind: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2019. The Reporting Person acquired the Class A Common Stock on September 5, 2019 by exchanging 13,375 Class A common units of Carvana Group, LLC ("Class A Units") for 10,700 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").

F1 · price: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2019. The Reporting Person acquired the Class A Common Stock on September 5, 2019 by exchanging 13,375 Class A common units of Carvana Group, LLC ("Class A Units") for 10,700 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").

F3 · price: This transaction was executed in multiple trades at prices ranging from $84.50 to $84.56, inclusive; the price reported above reflects the volume weighted average sale price.

SEC source: 0001690820-19-000227 · wf-form4_156806282752402.xml · nonDerivative · entry 1

PLATT IRA J. · CIK 0001702455 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 33,082

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 · kind: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2019. The Reporting Person acquired the Class A Common Stock on September 5, 2019 by exchanging 13,375 Class A common units of Carvana Group, LLC ("Class A Units") for 10,700 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").

F1 · price: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2019. The Reporting Person acquired the Class A Common Stock on September 5, 2019 by exchanging 13,375 Class A common units of Carvana Group, LLC ("Class A Units") for 10,700 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 · price: Pursuant to the Exchange Agreement, the Class A Units are exchangeable for 0.8 shares of Class A Common Stock of the Issuer. The Class A Units have no expiration date.

SEC source: 0001690820-19-000224 · wf-form4_156763125138666.xml · nonDerivative · entry 1

BREAUX PAUL W. · CIK 0001700545 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,432

F1 · shares: Represents shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units.