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CVNA

CARVANA CO.

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Tapewire entity
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
November 26, 2018 Filed Nov 28, 2018 22:26 UTC OtherClass B Common Stock 46,877 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-060134 · 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: Indirect · DriveTime Sales and Finance Company

Disclosed balance after: 3,140,968

F8 · ownership.nature: 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 DriveTime Sales.

Read SEC document
November 26, 2018 Filed Nov 28, 2018 22:26 UTC SaleClass A Common Stock 46,877 $45.07 $2,112,854.21
Disclosure

SEC source: 0001209191-18-060134 · 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: Indirect · DriveTime Sales and Finance Company

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 DriveTime Sales on September 17, 2018.

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.00 to $45.36, inclusive (weighted average of $45.0723). The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
November 26, 2018 Filed Nov 28, 2018 22:26 UTC ConversionClass A Common Stock 46,877 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-060134 · 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: Indirect · DriveTime Sales and Finance Company

Disclosed balance after: 46,877

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 DriveTime Sales and Finance Company, LLC ("DriveTime Sales") 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"). DriveTime Sales is a wholly owned subsidiary of DriveTime Automotive Group, Inc., of which Mr. Garcia is the chairman of the board of directors and the controlling stockholder.

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November 26, 2018 Filed Nov 28, 2018 22:56 UTC PurchaseClass A Common Stock 1,000 $43.85 $43,850.00
Disclosure

SEC source: 0001690820-18-000131 · wf-form4_154344576039164.xml · nonDerivative · entry 1

MAROONE MICHAEL E · CIK 0001088011 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · (2)

Disclosed balance after: 1,000

F1 · price: This transaction was executed in multiple trades at prices ranging from $43.78 to $43.93, inclusive. The price reported above reflects the volume weighted average purchase price.

F2 · ownership.nature: Represents shares held directly by the Maroone Family Partnership, LP, an entity controlled by the Reporting Person. The Reporting Person disclaims beneficial ownership of the indirectly held shares except to the extent of his pecuniary interest therein.

Read SEC document
November 19, 2018 Filed Nov 20, 2018 23:33 UTC ConversionClass A Units · Derivative 3,198 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-059564 · doc4.xml · derivative · 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: Indirect · DriveTime Sales and Finance Company

Disclosed balance after: 3,984,798

Underlying: Class A Common Stock · 2,558 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 DriveTime Sales and Finance Company, LLC ("DriveTime Sales") 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"). DriveTime Sales is a wholly owned subsidiary of DriveTime Automotive Group, Inc., of which Mr. Garcia is the chairman of the board of directors and the controlling stockholder.

F1 · derivative.exercise_date: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by DriveTime Sales and Finance Company, LLC ("DriveTime Sales") 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"). DriveTime Sales is a wholly owned subsidiary of DriveTime Automotive Group, Inc., of which Mr. Garcia is the chairman of the board of directors and the controlling stockholder.

F1 · derivative.expiration_date: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by DriveTime Sales and Finance Company, LLC ("DriveTime Sales") 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"). DriveTime Sales is a wholly owned subsidiary of DriveTime Automotive Group, Inc., of which Mr. Garcia is the chairman of the board of directors and the controlling stockholder.

Read SEC document
November 19, 2018 Filed Nov 20, 2018 23:33 UTC OtherClass B Common Stock 2,558 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-059564 · 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: Indirect · DriveTime Sales and Finance Company

Disclosed balance after: 3,187,845

F8 · ownership.nature: 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 DriveTime Sales.

Read SEC document
November 19, 2018 Filed Nov 20, 2018 23:33 UTC SaleClass A Common Stock 2,558 $45.39 $116,113.25
Disclosure

SEC source: 0001209191-18-059564 · 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: Indirect · DriveTime Sales and Finance Company

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 DriveTime Sales on September 17, 2018.

F4 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.075 to $45.905, inclusive (weighted average of $45.3922). The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
November 19, 2018 Filed Nov 20, 2018 23:33 UTC ConversionClass A Common Stock 2,558 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-059564 · 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: Indirect · DriveTime Sales and Finance Company

Disclosed balance after: 2,558

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 DriveTime Sales and Finance Company, LLC ("DriveTime Sales") 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"). DriveTime Sales is a wholly owned subsidiary of DriveTime Automotive Group, Inc., of which Mr. Garcia is the chairman of the board of directors and the controlling stockholder.

Read SEC document
November 16, 2018 Filed Nov 20, 2018 23:33 UTC ConversionClass A Units · Derivative 21,655 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-059564 · doc4.xml · derivative · 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: Indirect · DriveTime Sales and Finance Company

Disclosed balance after: 3,987,996

Underlying: Class A Common Stock · 17,324 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 DriveTime Sales and Finance Company, LLC ("DriveTime Sales") 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"). DriveTime Sales is a wholly owned subsidiary of DriveTime Automotive Group, Inc., of which Mr. Garcia is the chairman of the board of directors and the controlling stockholder.

F1 · derivative.exercise_date: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by DriveTime Sales and Finance Company, LLC ("DriveTime Sales") 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"). DriveTime Sales is a wholly owned subsidiary of DriveTime Automotive Group, Inc., of which Mr. Garcia is the chairman of the board of directors and the controlling stockholder.

F1 · derivative.expiration_date: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by DriveTime Sales and Finance Company, LLC ("DriveTime Sales") 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"). DriveTime Sales is a wholly owned subsidiary of DriveTime Automotive Group, Inc., of which Mr. Garcia is the chairman of the board of directors and the controlling stockholder.

Read SEC document
November 16, 2018 Filed Nov 20, 2018 23:33 UTC OtherClass B Common Stock 17,324 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-059564 · 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: Indirect · DriveTime Sales and Finance Company

Disclosed balance after: 3,190,403

F8 · ownership.nature: 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 DriveTime Sales.

Read SEC document
November 16, 2018 Filed Nov 20, 2018 23:33 UTC SaleClass A Common Stock 800 $48.68 $38,943.44
Disclosure

SEC source: 0001209191-18-059564 · 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: Indirect · DriveTime Sales and Finance Company

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 DriveTime Sales on September 17, 2018.

F3 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $45.52 to $46.50, inclusive (weighted average of $46.1145); $46.52 to $47.515, inclusive (weighted average of $46.8735); $47.60 to $48.575, inclusive (weighted average of $48.2399); and $48.60 to $48.75, inclusive (weighted average of $48.6793), respectively. The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
November 16, 2018 Filed Nov 20, 2018 23:33 UTC ConversionClass A Common Stock 800 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-059564 · 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: Indirect · DriveTime Sales and Finance Company

Disclosed balance after: 800

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 DriveTime Sales and Finance Company, LLC ("DriveTime Sales") 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"). DriveTime Sales is a wholly owned subsidiary of DriveTime Automotive Group, Inc., of which Mr. Garcia is the chairman of the board of directors and the controlling stockholder.

Read SEC document
November 16, 2018 Filed Nov 20, 2018 23:33 UTC SaleClass A Common Stock 3,711 $48.24 $179,018.27
Disclosure

SEC source: 0001209191-18-059564 · 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: Indirect · DriveTime Sales and Finance Company

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 DriveTime Sales on September 17, 2018.

F3 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $45.52 to $46.50, inclusive (weighted average of $46.1145); $46.52 to $47.515, inclusive (weighted average of $46.8735); $47.60 to $48.575, inclusive (weighted average of $48.2399); and $48.60 to $48.75, inclusive (weighted average of $48.6793), respectively. The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
November 16, 2018 Filed Nov 20, 2018 23:33 UTC ConversionClass A Common Stock 3,711 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-059564 · 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: Indirect · DriveTime Sales and Finance Company

Disclosed balance after: 3,711

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 DriveTime Sales and Finance Company, LLC ("DriveTime Sales") 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"). DriveTime Sales is a wholly owned subsidiary of DriveTime Automotive Group, Inc., of which Mr. Garcia is the chairman of the board of directors and the controlling stockholder.

Read SEC document
November 16, 2018 Filed Nov 20, 2018 23:33 UTC SaleClass A Common Stock 5,560 $46.87 $260,616.66
Disclosure

SEC source: 0001209191-18-059564 · 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: Indirect · DriveTime Sales and Finance Company

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 DriveTime Sales on September 17, 2018.

F3 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $45.52 to $46.50, inclusive (weighted average of $46.1145); $46.52 to $47.515, inclusive (weighted average of $46.8735); $47.60 to $48.575, inclusive (weighted average of $48.2399); and $48.60 to $48.75, inclusive (weighted average of $48.6793), respectively. The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
November 16, 2018 Filed Nov 20, 2018 23:33 UTC ConversionClass A Common Stock 5,560 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-059564 · 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: Indirect · DriveTime Sales and Finance Company

Disclosed balance after: 5,560

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 DriveTime Sales and Finance Company, LLC ("DriveTime Sales") 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"). DriveTime Sales is a wholly owned subsidiary of DriveTime Automotive Group, Inc., of which Mr. Garcia is the chairman of the board of directors and the controlling stockholder.

Read SEC document
November 16, 2018 Filed Nov 20, 2018 23:33 UTC SaleClass A Common Stock 7,253 $46.11 $334,468.47
Disclosure

SEC source: 0001209191-18-059564 · 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: Indirect · DriveTime Sales and Finance Company

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 DriveTime Sales on September 17, 2018.

F3 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $45.52 to $46.50, inclusive (weighted average of $46.1145); $46.52 to $47.515, inclusive (weighted average of $46.8735); $47.60 to $48.575, inclusive (weighted average of $48.2399); and $48.60 to $48.75, inclusive (weighted average of $48.6793), respectively. The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
November 16, 2018 Filed Nov 20, 2018 23:33 UTC ConversionClass A Common Stock 7,253 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-059564 · 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: Indirect · DriveTime Sales and Finance Company

Disclosed balance after: 7,253

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 DriveTime Sales and Finance Company, LLC ("DriveTime Sales") 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"). DriveTime Sales is a wholly owned subsidiary of DriveTime Automotive Group, Inc., of which Mr. Garcia is the chairman of the board of directors and the controlling stockholder.

Read SEC document
November 15, 2018 Filed Nov 16, 2018 23:05 UTC ConversionClass A Units · Derivative 57,060 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-059050 · doc4.xml · derivative · entry 25

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: Indirect · DriveTime Sales and Finance Company

Disclosed balance after: 4,009,651

Underlying: Class A Common Stock · 45,648 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 DriveTime Sales and Finance Company, LLC ("DriveTime Sales") 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"). DriveTime Sales is a wholly owned subsidiary of DriveTime Automotive Group, Inc., of which Mr. Garcia is the chairman of the board of directors and the controlling stockholder.

F1 · derivative.exercise_date: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by DriveTime Sales and Finance Company, LLC ("DriveTime Sales") 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"). DriveTime Sales is a wholly owned subsidiary of DriveTime Automotive Group, Inc., of which Mr. Garcia is the chairman of the board of directors and the controlling stockholder.

F1 · derivative.expiration_date: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by DriveTime Sales and Finance Company, LLC ("DriveTime Sales") 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"). DriveTime Sales is a wholly owned subsidiary of DriveTime Automotive Group, Inc., of which Mr. Garcia is the chairman of the board of directors and the controlling stockholder.

Read SEC document
November 15, 2018 Filed Nov 16, 2018 23:05 UTC OtherClass B Common Stock 45,648 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-059050 · 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: Indirect · DriveTime Sales and Finance Company

Disclosed balance after: 3,207,727

F8 · ownership.nature: 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 DriveTime Sales.

Read SEC document
November 15, 2018 Filed Nov 16, 2018 23:05 UTC SaleClass A Common Stock 5,423 $48.24 $261,626.67
Disclosure

SEC source: 0001209191-18-059050 · 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: Indirect · DriveTime Sales and Finance Company

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 DriveTime Sales on September 17, 2018.

F4 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $45.00 to $45.99, inclusive (weighted average of $45.3238); $46.00 to $46.99, inclusive (weighted average of $46.2675); $47.00 to $47.98, inclusive (weighted average of $47.6564); and $48.00 to $48.61, inclusive (weighted average of $48.2439), respectively. The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
November 15, 2018 Filed Nov 16, 2018 23:05 UTC ConversionClass A Common Stock 5,423 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-059050 · 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: Indirect · DriveTime Sales and Finance Company

Disclosed balance after: 5,423

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 DriveTime Sales and Finance Company, LLC ("DriveTime Sales") 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"). DriveTime Sales is a wholly owned subsidiary of DriveTime Automotive Group, Inc., of which Mr. Garcia is the chairman of the board of directors and the controlling stockholder.

Read SEC document
November 15, 2018 Filed Nov 16, 2018 23:05 UTC SaleClass A Common Stock 14,872 $47.66 $708,745.98
Disclosure

SEC source: 0001209191-18-059050 · 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: Indirect · DriveTime Sales and Finance Company

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 DriveTime Sales on September 17, 2018.

F4 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $45.00 to $45.99, inclusive (weighted average of $45.3238); $46.00 to $46.99, inclusive (weighted average of $46.2675); $47.00 to $47.98, inclusive (weighted average of $47.6564); and $48.00 to $48.61, inclusive (weighted average of $48.2439), respectively. The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
November 15, 2018 Filed Nov 16, 2018 23:05 UTC ConversionClass A Common Stock 14,872 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-059050 · 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: Indirect · DriveTime Sales and Finance Company

Disclosed balance after: 14,872

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 DriveTime Sales and Finance Company, LLC ("DriveTime Sales") 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"). DriveTime Sales is a wholly owned subsidiary of DriveTime Automotive Group, Inc., of which Mr. Garcia is the chairman of the board of directors and the controlling stockholder.

Read SEC document
November 15, 2018 Filed Nov 16, 2018 23:05 UTC SaleClass A Common Stock 10,923 $46.27 $505,379.90
Disclosure

SEC source: 0001209191-18-059050 · 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: Indirect · DriveTime Sales and Finance Company

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 DriveTime Sales on September 17, 2018.

F4 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $45.00 to $45.99, inclusive (weighted average of $45.3238); $46.00 to $46.99, inclusive (weighted average of $46.2675); $47.00 to $47.98, inclusive (weighted average of $47.6564); and $48.00 to $48.61, inclusive (weighted average of $48.2439), respectively. The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
November 15, 2018 Filed Nov 16, 2018 23:05 UTC ConversionClass A Common Stock 10,923 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-059050 · 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: Indirect · DriveTime Sales and Finance Company

Disclosed balance after: 10,923

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.

F1 · price: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by DriveTime Sales and Finance Company, LLC ("DriveTime Sales") 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"). DriveTime Sales is a wholly owned subsidiary of DriveTime Automotive Group, Inc., of which Mr. Garcia is the chairman of the board of directors and the controlling stockholder.

Read SEC document
November 15, 2018 Filed Nov 16, 2018 23:05 UTC SaleClass A Common Stock 14,430 $45.32 $654,022.43
Disclosure

SEC source: 0001209191-18-059050 · 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: Indirect · DriveTime Sales and Finance Company

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 DriveTime Sales on September 17, 2018.

F4 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $45.00 to $45.99, inclusive (weighted average of $45.3238); $46.00 to $46.99, inclusive (weighted average of $46.2675); $47.00 to $47.98, inclusive (weighted average of $47.6564); and $48.00 to $48.61, inclusive (weighted average of $48.2439), respectively. The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
November 15, 2018 Filed Nov 16, 2018 23:05 UTC ConversionClass A Common Stock 14,430 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-059050 · 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: Indirect · DriveTime Sales and Finance Company

Disclosed balance after: 14,430

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 DriveTime Sales and Finance Company, LLC ("DriveTime Sales") 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"). DriveTime Sales is a wholly owned subsidiary of DriveTime Automotive Group, Inc., of which Mr. Garcia is the chairman of the board of directors and the controlling stockholder.

Read SEC document
November 14, 2018 Filed Nov 16, 2018 23:05 UTC ConversionClass A Units · Derivative 57,518 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-059050 · doc4.xml · derivative · 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: Indirect · DriveTime Sales and Finance Company

Disclosed balance after: 4,066,711

Underlying: Class A Common Stock · 46,014 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 DriveTime Sales and Finance Company, LLC ("DriveTime Sales") 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"). DriveTime Sales is a wholly owned subsidiary of DriveTime Automotive Group, Inc., of which Mr. Garcia is the chairman of the board of directors and the controlling stockholder.

F1 · derivative.exercise_date: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by DriveTime Sales and Finance Company, LLC ("DriveTime Sales") 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"). DriveTime Sales is a wholly owned subsidiary of DriveTime Automotive Group, Inc., of which Mr. Garcia is the chairman of the board of directors and the controlling stockholder.

F1 · derivative.expiration_date: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by DriveTime Sales and Finance Company, LLC ("DriveTime Sales") 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"). DriveTime Sales is a wholly owned subsidiary of DriveTime Automotive Group, Inc., of which Mr. Garcia is the chairman of the board of directors and the controlling stockholder.

Read SEC document
November 14, 2018 Filed Nov 16, 2018 23:05 UTC OtherClass B Common Stock 46,014 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-059050 · 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: Indirect · DriveTime Sales and Finance Company

Disclosed balance after: 3,253,375

F8 · ownership.nature: 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 DriveTime Sales.

Read SEC document
November 14, 2018 Filed Nov 16, 2018 23:05 UTC SaleClass A Common Stock 3,900 $47.27 $184,369.38
Disclosure

SEC source: 0001209191-18-059050 · 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: Indirect · DriveTime Sales and Finance Company

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 DriveTime Sales on September 17, 2018.

F3 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $45.00 to $45.98, inclusive (weighted average of $45.4258); $46.00 to $46.99, inclusive (weighted average of $46.3790); and $47.11 to $47.67, inclusive (weighted average of $47.2742), respectively. The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
November 14, 2018 Filed Nov 16, 2018 23:05 UTC ConversionClass A Common Stock 3,900 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-059050 · 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: Indirect · DriveTime Sales and Finance Company

Disclosed balance after: 3,900

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 DriveTime Sales and Finance Company, LLC ("DriveTime Sales") 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"). DriveTime Sales is a wholly owned subsidiary of DriveTime Automotive Group, Inc., of which Mr. Garcia is the chairman of the board of directors and the controlling stockholder.

Read SEC document
November 14, 2018 Filed Nov 16, 2018 23:05 UTC SaleClass A Common Stock 6,328 $46.38 $293,486.31
Disclosure

SEC source: 0001209191-18-059050 · 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: Indirect · DriveTime Sales and Finance Company

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 DriveTime Sales on September 17, 2018.

F3 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $45.00 to $45.98, inclusive (weighted average of $45.4258); $46.00 to $46.99, inclusive (weighted average of $46.3790); and $47.11 to $47.67, inclusive (weighted average of $47.2742), respectively. The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
November 14, 2018 Filed Nov 16, 2018 23:05 UTC ConversionClass A Common Stock 6,328 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-059050 · 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: Indirect · DriveTime Sales and Finance Company

Disclosed balance after: 6,328

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.

F1 · price: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by DriveTime Sales and Finance Company, LLC ("DriveTime Sales") 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"). DriveTime Sales is a wholly owned subsidiary of DriveTime Automotive Group, Inc., of which Mr. Garcia is the chairman of the board of directors and the controlling stockholder.

Read SEC document
November 14, 2018 Filed Nov 16, 2018 23:05 UTC SaleClass A Common Stock 35,786 $45.43 $1,625,607.68
Disclosure

SEC source: 0001209191-18-059050 · 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: Indirect · DriveTime Sales and Finance Company

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 DriveTime Sales on September 17, 2018.

F3 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $45.00 to $45.98, inclusive (weighted average of $45.4258); $46.00 to $46.99, inclusive (weighted average of $46.3790); and $47.11 to $47.67, inclusive (weighted average of $47.2742), respectively. The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
November 14, 2018 Filed Nov 16, 2018 23:05 UTC ConversionClass A Common Stock 35,786 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-059050 · 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: Indirect · DriveTime Sales and Finance Company

Disclosed balance after: 35,786

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 DriveTime Sales and Finance Company, LLC ("DriveTime Sales") 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"). DriveTime Sales is a wholly owned subsidiary of DriveTime Automotive Group, Inc., of which Mr. Garcia is the chairman of the board of directors and the controlling stockholder.

Read SEC document
November 13, 2018 Filed Nov 14, 2018 23:05 UTC ConversionClass A Units · Derivative 89,093 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-058603 · 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: Indirect · DriveTime Sales and Finance Company

Disclosed balance after: 4,124,229

Underlying: Class A Common Stock · 71,274 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 DriveTime Sales and Finance Company, LLC ("DriveTime Sales") 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"). DriveTime Sales is a wholly owned subsidiary of DriveTime Automotive Group, Inc., of which Mr. Garcia is the chairman of the board of directors and the controlling stockholder.

F1 · derivative.exercise_date: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by DriveTime Sales and Finance Company, LLC ("DriveTime Sales") 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"). DriveTime Sales is a wholly owned subsidiary of DriveTime Automotive Group, Inc., of which Mr. Garcia is the chairman of the board of directors and the controlling stockholder.

F1 · derivative.expiration_date: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by DriveTime Sales and Finance Company, LLC ("DriveTime Sales") 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"). DriveTime Sales is a wholly owned subsidiary of DriveTime Automotive Group, Inc., of which Mr. Garcia is the chairman of the board of directors and the controlling stockholder.

Read SEC document
November 13, 2018 Filed Nov 14, 2018 23:05 UTC OtherClass B Common Stock 71,274 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-058603 · 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: Indirect · DriveTime Sales and Finance Company

Disclosed balance after: 3,299,389

F8 · ownership.nature: 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 DriveTime Sales.

Read SEC document
November 13, 2018 Filed Nov 14, 2018 23:05 UTC SaleClass A Common Stock 2,000 $46.03 $92,064.40
Disclosure

SEC source: 0001209191-18-058603 · 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: Indirect · DriveTime Sales and Finance Company

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 DriveTime Sales on September 17, 2018.

F4 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $45.00 to $45.99, inclusive (weighted average of $45.3492); and $46.00 to $46.12, inclusive (weighted average of $46.0322), respectively. The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
November 13, 2018 Filed Nov 14, 2018 23:05 UTC ConversionClass A Common Stock 2,000 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-058603 · 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: Indirect · DriveTime Sales and Finance Company

Disclosed balance after: 2,000

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 DriveTime Sales and Finance Company, LLC ("DriveTime Sales") 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"). DriveTime Sales is a wholly owned subsidiary of DriveTime Automotive Group, Inc., of which Mr. Garcia is the chairman of the board of directors and the controlling stockholder.

Read SEC document
November 13, 2018 Filed Nov 14, 2018 23:05 UTC SaleClass A Common Stock 69,274 $45.35 $3,141,520.48
Disclosure

SEC source: 0001209191-18-058603 · 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: Indirect · DriveTime Sales and Finance Company

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 DriveTime Sales on September 17, 2018.

F4 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $45.00 to $45.99, inclusive (weighted average of $45.3492); and $46.00 to $46.12, inclusive (weighted average of $46.0322), respectively. The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Read SEC document
November 13, 2018 Filed Nov 14, 2018 23:05 UTC ConversionClass A Common Stock 69,274 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-058603 · 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: Indirect · DriveTime Sales and Finance Company

Disclosed balance after: 69,274

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 DriveTime Sales and Finance Company, LLC ("DriveTime Sales") 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"). DriveTime Sales is a wholly owned subsidiary of DriveTime Automotive Group, Inc., of which Mr. Garcia is the chairman of the board of directors and the controlling stockholder.

Read SEC document
November 12, 2018 Filed Nov 14, 2018 23:05 UTC ConversionClass A Units · Derivative 3,250 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-058603 · doc4.xml · derivative · 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: Indirect · DriveTime Sales and Finance Company

Disclosed balance after: 4,213,322

Underlying: Class A Common Stock · 2,600 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.

F1 · derivative.exercise_price: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by DriveTime Sales and Finance Company, LLC ("DriveTime Sales") 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"). DriveTime Sales is a wholly owned subsidiary of DriveTime Automotive Group, Inc., of which Mr. Garcia is the chairman of the board of directors and the controlling stockholder.

F1 · derivative.exercise_date: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by DriveTime Sales and Finance Company, LLC ("DriveTime Sales") 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"). DriveTime Sales is a wholly owned subsidiary of DriveTime Automotive Group, Inc., of which Mr. Garcia is the chairman of the board of directors and the controlling stockholder.

F1 · derivative.expiration_date: Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by DriveTime Sales and Finance Company, LLC ("DriveTime Sales") 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"). DriveTime Sales is a wholly owned subsidiary of DriveTime Automotive Group, Inc., of which Mr. Garcia is the chairman of the board of directors and the controlling stockholder.

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November 12, 2018 Filed Nov 14, 2018 23:05 UTC OtherClass B Common Stock 2,600 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-058603 · 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: Indirect · DriveTime Sales and Finance Company

Disclosed balance after: 3,370,663

F8 · ownership.nature: 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 DriveTime Sales.

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November 12, 2018 Filed Nov 14, 2018 23:05 UTC SaleClass A Common Stock 2,600 $47.99 $124,785.44
Disclosure

SEC source: 0001209191-18-058603 · 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: Indirect · DriveTime Sales and Finance Company

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 DriveTime Sales on September 17, 2018.

F3 · price: The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $47.56 to $48.48, inclusive (weighted average of $47.9944). The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

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November 12, 2018 Filed Nov 14, 2018 23:05 UTC ConversionClass A Common Stock 2,600 $0.00 $0.00
Disclosure

SEC source: 0001209191-18-058603 · 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: Indirect · DriveTime Sales and Finance Company

Disclosed balance after: 2,600

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 DriveTime Sales and Finance Company, LLC ("DriveTime Sales") 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"). DriveTime Sales is a wholly owned subsidiary of DriveTime Automotive Group, Inc., of which Mr. Garcia is the chairman of the board of directors and the controlling stockholder.

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November 12, 2018 Filed Nov 14, 2018 23:20 UTC PurchaseClass A Common Stock 20,000 $44.46 $889,200.00
Disclosure

SEC source: 0001690820-18-000127 · wf-form4_154223763974043.xml · nonDerivative · entry 1

MAROONE MICHAEL E · CIK 0001088011 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 20,000

F1 · price: This transaction was executed in multiple trades at prices ranging from $43.94 to $45.05, inclusive. The price reported above reflects the volume weighted average purchase price.

F2 · ownership.nature: Represents shares held directly by Maroone Family LP, an entity controlled by the Reporting Person.

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November 09, 2018 Filed Nov 14, 2018 01:48 UTC
BREAUX PAUL W.See Remarks
ConversionClass B Units · Derivative 10,031 $4.88 Strike: $4.88 $48,931.22
Disclosure

SEC source: 0001690820-18-000120 · wf-form4_154216011986215.xml · derivative · entry 3

BREAUX PAUL W. · CIK 0001700545 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 244,439

Underlying: Class A Common Stock · 7,000 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.

F4 · derivative.exercise_price: The exchanged Class B Units have a participation threshold of $4.878. The Class B Units have no expiration date.

F1 · kind: On November 9, 2018, the Reporting Person sold the 7,000 shares of Class A common stock, par value $0.001 per share, of the Issuer (the "Class A Common Stock") pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 20, 2018. The Reporting Person acquired the Class A Common Stock on November 9, 2018 by exchanging 10,031 Class B common units of Carvana Group, LLC ("Class B Units") for 7,000 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: 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 $4.878. The Class B Units have no expiration date.

F1 · shares: On November 9, 2018, the Reporting Person sold the 7,000 shares of Class A common stock, par value $0.001 per share, of the Issuer (the "Class A Common Stock") pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 20, 2018. The Reporting Person acquired the Class A Common Stock on November 9, 2018 by exchanging 10,031 Class B common units of Carvana Group, LLC ("Class B Units") for 7,000 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 · 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 $4.878. The Class B Units have no expiration date.

F4 · price: The exchanged Class B Units have a participation threshold of $4.878. The Class B Units have no expiration date.

F4 · derivative.exercise_date: The exchanged Class B Units have a participation threshold of $4.878. The Class B Units have no expiration date.

F4 · derivative.expiration_date: The exchanged Class B Units have a participation threshold of $4.878. The Class B Units have no expiration date.

F1 · derivative.underlying_shares: On November 9, 2018, the Reporting Person sold the 7,000 shares of Class A common stock, par value $0.001 per share, of the Issuer (the "Class A Common Stock") pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 20, 2018. The Reporting Person acquired the Class A Common Stock on November 9, 2018 by exchanging 10,031 Class B common units of Carvana Group, LLC ("Class B Units") for 7,000 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 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 $4.878. The Class B Units have no expiration date.

F5 · balance_after: The Reporting Person was granted 250,000 Class B Units on December 30, 2015 with a participation threshold of $4.878; 50,000 of which vested on August 3, 2016 and 4,167 of which vest on the first of each month beginning September 1, 2016. The Reporting Person was also granted 12,500 Class B Units on January 29, 2016 with a participation threshold of $4.878; 2,500 of which vested on August 3, 2016 and 209 of which vest on the first of each month beginning September 1, 2016.

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November 09, 2018 Filed Nov 14, 2018 01:48 UTC
BREAUX PAUL W.See Remarks
SaleClass A Common Stock 7,000 $50.05 $350,350.00
Disclosure

SEC source: 0001690820-18-000120 · wf-form4_154216011986215.xml · nonDerivative · entry 2

BREAUX PAUL W. · CIK 0001700545 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,031

F1 · kind: On November 9, 2018, the Reporting Person sold the 7,000 shares of Class A common stock, par value $0.001 per share, of the Issuer (the "Class A Common Stock") pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 20, 2018. The Reporting Person acquired the Class A Common Stock on November 9, 2018 by exchanging 10,031 Class B common units of Carvana Group, LLC ("Class B Units") for 7,000 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: On November 9, 2018, the Reporting Person sold the 7,000 shares of Class A common stock, par value $0.001 per share, of the Issuer (the "Class A Common Stock") pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 20, 2018. The Reporting Person acquired the Class A Common Stock on November 9, 2018 by exchanging 10,031 Class B common units of Carvana Group, LLC ("Class B Units") for 7,000 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 $50.00 to $50.24, inclusive; the price reported above reflects the volume weighted average sale price.

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November 09, 2018 Filed Nov 14, 2018 01:48 UTC
BREAUX PAUL W.See Remarks
ConversionClass A Common Stock 7,000 Not disclosed Not disclosed
Disclosure

SEC source: 0001690820-18-000120 · wf-form4_154216011986215.xml · nonDerivative · entry 1

BREAUX PAUL W. · CIK 0001700545 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,031

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: On November 9, 2018, the Reporting Person sold the 7,000 shares of Class A common stock, par value $0.001 per share, of the Issuer (the "Class A Common Stock") pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 20, 2018. The Reporting Person acquired the Class A Common Stock on November 9, 2018 by exchanging 10,031 Class B common units of Carvana Group, LLC ("Class B Units") for 7,000 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: On November 9, 2018, the Reporting Person sold the 7,000 shares of Class A common stock, par value $0.001 per share, of the Issuer (the "Class A Common Stock") pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 20, 2018. The Reporting Person acquired the Class A Common Stock on November 9, 2018 by exchanging 10,031 Class B common units of Carvana Group, LLC ("Class B Units") for 7,000 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: 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.

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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.