JENKINS MARK W.

SEC source: 0001690820-20-000312 · wf-form4_160876292899330.xml · derivative · entry 5

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 283,747

Underlying: Class A Common Stock · 10,000 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.

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 June 15, 2020 (the "10b5-1 Plan"). The Reporting Person acquired the Class A Common Stock on December 21, 2020 by exchanging 12,500 Class B common units of Carvana Group, LLC ("Class B Units") for 10,000 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.

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 June 15, 2020 (the "10b5-1 Plan"). The Reporting Person acquired the Class A Common Stock on December 21, 2020 by exchanging 12,500 Class B common units of Carvana Group, LLC ("Class B Units") for 10,000 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.

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

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

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

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

F1 · derivative.underlying_shares: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 15, 2020 (the "10b5-1 Plan"). The Reporting Person acquired the Class A Common Stock on December 21, 2020 by exchanging 12,500 Class B common units of Carvana Group, LLC ("Class B Units") for 10,000 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.

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: 0001690820-20-000312 · wf-form4_160876292899330.xml · nonDerivative · entry 2

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 33,820

F1 · kind: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 15, 2020 (the "10b5-1 Plan"). The Reporting Person acquired the Class A Common Stock on December 21, 2020 by exchanging 12,500 Class B common units of Carvana Group, LLC ("Class B Units") for 10,000 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: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 15, 2020 (the "10b5-1 Plan"). The Reporting Person acquired the Class A Common Stock on December 21, 2020 by exchanging 12,500 Class B common units of Carvana Group, LLC ("Class B Units") for 10,000 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 $278.25 to $278.61, inclusive; the price reported above reflects the volume weighted average sale price.

SEC source: 0001690820-20-000312 · wf-form4_160876292899330.xml · nonDerivative · entry 1

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 43,820

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 June 15, 2020 (the "10b5-1 Plan"). The Reporting Person acquired the Class A Common Stock on December 21, 2020 by exchanging 12,500 Class B common units of Carvana Group, LLC ("Class B Units") for 10,000 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: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 15, 2020 (the "10b5-1 Plan"). The Reporting Person acquired the Class A Common Stock on December 21, 2020 by exchanging 12,500 Class B common units of Carvana Group, LLC ("Class B Units") for 10,000 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.

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

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 296,247

Underlying: Class A Common Stock · 8,559 shares

Expires not disclosed

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 33,820

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

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

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

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

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 42,379

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

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

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

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

SEC source: 0001690820-20-000306 · wf-form4_160825213920485.xml · derivative · entry 5

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 306,946

Underlying: Class A Common Stock · 1,441 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 June 15, 2020 (the "10b5-1 Plan"). The Reporting Person acquired the Class A Common Stock on December 15, 2020 by exchanging 1,802 Class B common units of Carvana Group, LLC ("Class B Units") for 1,441 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.

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 June 15, 2020 (the "10b5-1 Plan"). The Reporting Person acquired the Class A Common Stock on December 15, 2020 by exchanging 1,802 Class B common units of Carvana Group, LLC ("Class B Units") for 1,441 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.

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

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

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

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

F1 · derivative.underlying_shares: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 15, 2020 (the "10b5-1 Plan"). The Reporting Person acquired the Class A Common Stock on December 15, 2020 by exchanging 1,802 Class B common units of Carvana Group, LLC ("Class B Units") for 1,441 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.

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: 0001690820-20-000306 · wf-form4_160825213920485.xml · nonDerivative · entry 2

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 33,820

F1 · kind: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 15, 2020 (the "10b5-1 Plan"). The Reporting Person acquired the Class A Common Stock on December 15, 2020 by exchanging 1,802 Class B common units of Carvana Group, LLC ("Class B Units") for 1,441 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 June 15, 2020 (the "10b5-1 Plan"). The Reporting Person acquired the Class A Common Stock on December 15, 2020 by exchanging 1,802 Class B common units of Carvana Group, LLC ("Class B Units") for 1,441 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 $268.50 to $268.73, inclusive; the price reported above reflects the volume weighted average sale price.

SEC source: 0001690820-20-000306 · wf-form4_160825213920485.xml · nonDerivative · entry 1

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 35,261

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 June 15, 2020 (the "10b5-1 Plan"). The Reporting Person acquired the Class A Common Stock on December 15, 2020 by exchanging 1,802 Class B common units of Carvana Group, LLC ("Class B Units") for 1,441 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 June 15, 2020 (the "10b5-1 Plan"). The Reporting Person acquired the Class A Common Stock on December 15, 2020 by exchanging 1,802 Class B common units of Carvana Group, LLC ("Class B Units") for 1,441 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.

SEC source: 0001690820-20-000301 · wf-form4_160755299190697.xml · derivative · entry 6

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 308,748

Underlying: Class A Common Stock · 112 shares

Expires not disclosed

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

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

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

F4 · kind: The reported sales were effected pursuant to the 10b5-1 Plan. The Reporting Person acquired the Class A Common Stock on December 8, 2020 by exchanging 140 Class B Units for 112 shares of Class A Common Stock pursuant to the Exchange Agreement.

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

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

F4 · shares: The reported sales were effected pursuant to the 10b5-1 Plan. The Reporting Person acquired the Class A Common Stock on December 8, 2020 by exchanging 140 Class B Units for 112 shares of Class A Common Stock pursuant to the Exchange Agreement.

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

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

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

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

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

F4 · derivative.underlying_shares: The reported sales were effected pursuant to the 10b5-1 Plan. The Reporting Person acquired the Class A Common Stock on December 8, 2020 by exchanging 140 Class B Units for 112 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: 0001690820-20-000301 · wf-form4_160755299190697.xml · nonDerivative · entry 4

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 33,820

F4 · kind: The reported sales were effected pursuant to the 10b5-1 Plan. The Reporting Person acquired the Class A Common Stock on December 8, 2020 by exchanging 140 Class B Units for 112 shares of Class A Common Stock pursuant to the Exchange Agreement.

F4 · price: The reported sales were effected pursuant to the 10b5-1 Plan. The Reporting Person acquired the Class A Common Stock on December 8, 2020 by exchanging 140 Class B Units for 112 shares of Class A Common Stock pursuant to the Exchange Agreement.

F5 · price: This transaction was executed in multiple trades at prices ranging from $259.63 to $259.75, inclusive; the price reported above reflects the volume weighted average sale price.

SEC source: 0001690820-20-000301 · wf-form4_160755299190697.xml · nonDerivative · entry 3

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 33,932

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

F4 · kind: The reported sales were effected pursuant to the 10b5-1 Plan. The Reporting Person acquired the Class A Common Stock on December 8, 2020 by exchanging 140 Class B Units for 112 shares of Class A Common Stock pursuant to the Exchange Agreement.

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

F4 · price: The reported sales were effected pursuant to the 10b5-1 Plan. The Reporting Person acquired the Class A Common Stock on December 8, 2020 by exchanging 140 Class B Units for 112 shares of Class A Common Stock pursuant to the Exchange Agreement.

SEC source: 0001690820-20-000301 · wf-form4_160755299190697.xml · derivative · entry 5

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 308,888

Underlying: Class A Common Stock · 9,888 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 June 15, 2020 (the "10b5-1 Plan"). The Reporting Person acquired the Class A Common Stock on December 7, 2020 by exchanging 12,360 Class B common units of Carvana Group, LLC ("Class B Units") for 9,888 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.

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 June 15, 2020 (the "10b5-1 Plan"). The Reporting Person acquired the Class A Common Stock on December 7, 2020 by exchanging 12,360 Class B common units of Carvana Group, LLC ("Class B Units") for 9,888 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.

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

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

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

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

F1 · derivative.underlying_shares: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 15, 2020 (the "10b5-1 Plan"). The Reporting Person acquired the Class A Common Stock on December 7, 2020 by exchanging 12,360 Class B common units of Carvana Group, LLC ("Class B Units") for 9,888 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.

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: 0001690820-20-000301 · wf-form4_160755299190697.xml · nonDerivative · entry 2

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 33,820

F1 · kind: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 15, 2020 (the "10b5-1 Plan"). The Reporting Person acquired the Class A Common Stock on December 7, 2020 by exchanging 12,360 Class B common units of Carvana Group, LLC ("Class B Units") for 9,888 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 June 15, 2020 (the "10b5-1 Plan"). The Reporting Person acquired the Class A Common Stock on December 7, 2020 by exchanging 12,360 Class B common units of Carvana Group, LLC ("Class B Units") for 9,888 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 $259.25 to $259.80, inclusive; the price reported above reflects the volume weighted average sale price.

SEC source: 0001690820-20-000301 · wf-form4_160755299190697.xml · nonDerivative · entry 1

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 43,708

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 June 15, 2020 (the "10b5-1 Plan"). The Reporting Person acquired the Class A Common Stock on December 7, 2020 by exchanging 12,360 Class B common units of Carvana Group, LLC ("Class B Units") for 9,888 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 June 15, 2020 (the "10b5-1 Plan"). The Reporting Person acquired the Class A Common Stock on December 7, 2020 by exchanging 12,360 Class B common units of Carvana Group, LLC ("Class B Units") for 9,888 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.

SEC source: 0001690820-20-000296 · wf-form4_160687055761297.xml · nonDerivative · entry 5

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 33,820

F6 · shares: Represents total number of shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units pursuant to various awards.

SEC source: 0001690820-20-000296 · wf-form4_160687055761297.xml · derivative · entry 7

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 321,248

Underlying: Class A Common Stock · 1,889 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.

F7 · derivative.exercise_price: The exchanged Class B Units have a participation threshold of $0.00. The Class B Units have no expiration date.

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

F4 · kind: The reported sales were effected pursuant to the 10b5-1 Plan. The Reporting Person acquired the Class A Common Stock on November 30, 2020 by exchanging 2,362 Class B Units for 1,889 shares of Class A Common Stock pursuant to the Exchange Agreement.

F7 · kind: The exchanged Class B Units have a participation threshold of $0.00. The Class B Units have no expiration date.

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

F4 · shares: The reported sales were effected pursuant to the 10b5-1 Plan. The Reporting Person acquired the Class A Common Stock on November 30, 2020 by exchanging 2,362 Class B Units for 1,889 shares of Class A Common Stock pursuant to the Exchange Agreement.

F7 · shares: The exchanged Class B Units have a participation threshold of $0.00. The Class B Units have no expiration date.

F7 · price: The exchanged Class B Units have a participation threshold of $0.00. The Class B Units have no expiration date.

F7 · derivative.exercise_date: The exchanged Class B Units have a participation threshold of $0.00. The Class B Units have no expiration date.

F7 · derivative.expiration_date: The exchanged Class B Units have a participation threshold of $0.00. The Class B Units have no expiration date.

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

F4 · derivative.underlying_shares: The reported sales were effected pursuant to the 10b5-1 Plan. The Reporting Person acquired the Class A Common Stock on November 30, 2020 by exchanging 2,362 Class B Units for 1,889 shares of Class A Common Stock pursuant to the Exchange Agreement.

F7 · derivative.underlying_shares: The exchanged Class B Units have a participation threshold of $0.00. The Class B Units have no expiration date.

F8 · 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: 0001690820-20-000296 · wf-form4_160687055761297.xml · nonDerivative · entry 4

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 34,034

F4 · kind: The reported sales were effected pursuant to the 10b5-1 Plan. The Reporting Person acquired the Class A Common Stock on November 30, 2020 by exchanging 2,362 Class B Units for 1,889 shares of Class A Common Stock pursuant to the Exchange Agreement.

F4 · price: The reported sales were effected pursuant to the 10b5-1 Plan. The Reporting Person acquired the Class A Common Stock on November 30, 2020 by exchanging 2,362 Class B Units for 1,889 shares of Class A Common Stock pursuant to the Exchange Agreement.

F5 · price: This transaction was executed in multiple trades at prices ranging from $249.50 to $250.45, inclusive; the price reported above reflects the volume weighted average sale price.

SEC source: 0001690820-20-000296 · wf-form4_160687055761297.xml · nonDerivative · entry 3

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 35,923

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 the 10b5-1 Plan. The Reporting Person acquired the Class A Common Stock on November 30, 2020 by exchanging 2,362 Class B Units for 1,889 shares of Class A Common Stock pursuant to the Exchange Agreement.

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

F4 · price: The reported sales were effected pursuant to the 10b5-1 Plan. The Reporting Person acquired the Class A Common Stock on November 30, 2020 by exchanging 2,362 Class B Units for 1,889 shares of Class A Common Stock pursuant to the Exchange Agreement.

SEC source: 0001690820-20-000296 · wf-form4_160687055761297.xml · derivative · entry 6

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 323,610

Underlying: Class A Common Stock · 8,111 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.

F7 · 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 June 15, 2020 (the "10b5-1 Plan"). The Reporting Person acquired the Class A Common Stock on November 27, 2020 by exchanging 10,139 Class B common units of Carvana Group, LLC ("Class B Units") for 8,111 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.

F7 · 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 June 15, 2020 (the "10b5-1 Plan"). The Reporting Person acquired the Class A Common Stock on November 27, 2020 by exchanging 10,139 Class B common units of Carvana Group, LLC ("Class B Units") for 8,111 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.

F7 · shares: The exchanged Class B Units have a participation threshold of $0.00. The Class B Units have no expiration date.

F7 · price: The exchanged Class B Units have a participation threshold of $0.00. The Class B Units have no expiration date.

F7 · derivative.exercise_date: The exchanged Class B Units have a participation threshold of $0.00. The Class B Units have no expiration date.

F7 · derivative.expiration_date: The exchanged Class B Units have a participation threshold of $0.00. The Class B Units have no expiration date.

F1 · derivative.underlying_shares: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 15, 2020 (the "10b5-1 Plan"). The Reporting Person acquired the Class A Common Stock on November 27, 2020 by exchanging 10,139 Class B common units of Carvana Group, LLC ("Class B Units") for 8,111 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.

F7 · derivative.underlying_shares: The exchanged Class B Units have a participation threshold of $0.00. The Class B Units have no expiration date.

F8 · 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: 0001690820-20-000296 · wf-form4_160687055761297.xml · nonDerivative · entry 2

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 34,034

F1 · kind: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 15, 2020 (the "10b5-1 Plan"). The Reporting Person acquired the Class A Common Stock on November 27, 2020 by exchanging 10,139 Class B common units of Carvana Group, LLC ("Class B Units") for 8,111 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 June 15, 2020 (the "10b5-1 Plan"). The Reporting Person acquired the Class A Common Stock on November 27, 2020 by exchanging 10,139 Class B common units of Carvana Group, LLC ("Class B Units") for 8,111 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 $249.50 to $250.49, inclusive; the price reported above reflects the volume weighted average sale price.

SEC source: 0001690820-20-000296 · wf-form4_160687055761297.xml · nonDerivative · entry 1

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 42,145

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 June 15, 2020 (the "10b5-1 Plan"). The Reporting Person acquired the Class A Common Stock on November 27, 2020 by exchanging 10,139 Class B common units of Carvana Group, LLC ("Class B Units") for 8,111 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 June 15, 2020 (the "10b5-1 Plan"). The Reporting Person acquired the Class A Common Stock on November 27, 2020 by exchanging 10,139 Class B common units of Carvana Group, LLC ("Class B Units") for 8,111 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.

SEC source: 0001690820-20-000277 · wf-form4_160436773739642.xml · nonDerivative · entry 5

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 34,034

F5 · shares: Represents shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of RSUs, including 1,878 withheld for RSUs that vested from the 2019 PRSU Agreement.

SEC source: 0001690820-20-000277 · wf-form4_160436773739642.xml · nonDerivative · entry 4

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 36,027

F4 · shares: Represents shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of RSUs from the 2018 PRSU Agreement.

SEC source: 0001690820-20-000277 · wf-form4_160436773739642.xml · nonDerivative · entry 3

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 41,763

F3 · shares: Represents RSUs granted on February 14, 2020 under the Reporting Owner's Performance Restricted Stock Unit Award Agreement between Carvana Co. and the Reporting Owner dated February 14, 2020 ("2020 PRSU Agreement"). The performance condition in the 2020 PRSU Agreement has been met thus 25% will vest on April 1, 2021 and 2 1/12% will vest of the first of each month thereafter for 36 months.

SEC source: 0001690820-20-000277 · wf-form4_160436773739642.xml · nonDerivative · entry 2

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 35,779

F2 · shares: Represents RSUs granted on February 25, 2019 under the Reporting Owner's Performance Restricted Stock Unit Award Agreement between Carvana Co. and the Reporting Owner dated February 25, 2019 ("2019 PRSU Agreement"). The performance condition in the 2019 PRSU Agreement has been met thus 4,466 RSUs vested on November 1, 2020 and 2 1/12% will vest on the first of each succeeding month for 29 months.

SEC source: 0001690820-20-000277 · wf-form4_160436773739642.xml · nonDerivative · entry 1

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,496

F1 · shares: Represents restricted stock units ("RSUs") granted on April 30, 2018 under the Reporting Owner's Performance Restricted Stock Unit Award Agreement between Carvana Co. and the Reporting Owner dated April 30, 2018 ("2018 PRSU Agreement"). The performance condition in the 2018 PRSU Agreement has been met thus all RSUs vested on October 29, 2020.

SEC source: 0001690820-20-000256 · wf-form4_160167487747879.xml · derivative · entry 4

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 333,749

Underlying: Class A Common Stock · 10,000 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 $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 June 15, 2020. The Reporting Person acquired the Class A Common Stock on October 1, 2020 by exchanging 12,500 Class B common units of Carvana Group, LLC ("Class B Units") for 10,000 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 $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 June 15, 2020. The Reporting Person acquired the Class A Common Stock on October 1, 2020 by exchanging 12,500 Class B common units of Carvana Group, LLC ("Class B Units") for 10,000 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 $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 June 15, 2020. The Reporting Person acquired the Class A Common Stock on October 1, 2020 by exchanging 12,500 Class B common units of Carvana Group, LLC ("Class B Units") for 10,000 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 $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 $0.000; 200,000 of which vested on July 1, 2015 and 16,667 of which vest on the first of each month thereafter.

SEC source: 0001690820-20-000256 · wf-form4_160167487747879.xml · nonDerivative · entry 3

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,834

F3 · shares: Represents shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units.

SEC source: 0001690820-20-000256 · wf-form4_160167487747879.xml · nonDerivative · entry 2

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,909

F1 · kind: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 15, 2020. The Reporting Person acquired the Class A Common Stock on October 1, 2020 by exchanging 12,500 Class B common units of Carvana Group, LLC ("Class B Units") for 10,000 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: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 15, 2020. The Reporting Person acquired the Class A Common Stock on October 1, 2020 by exchanging 12,500 Class B common units of Carvana Group, LLC ("Class B Units") for 10,000 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").

SEC source: 0001690820-20-000256 · wf-form4_160167487747879.xml · nonDerivative · entry 1

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,909

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 June 15, 2020. The Reporting Person acquired the Class A Common Stock on October 1, 2020 by exchanging 12,500 Class B common units of Carvana Group, LLC ("Class B Units") for 10,000 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: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 15, 2020. The Reporting Person acquired the Class A Common Stock on October 1, 2020 by exchanging 12,500 Class B common units of Carvana Group, LLC ("Class B Units") for 10,000 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.

SEC source: 0001690820-20-000234 · wf-form4_159917036389347.xml · derivative · entry 4

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 346,249

Underlying: Class A Common Stock · 10,000 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 $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 June 15, 2020. The Reporting Person acquired the Class A Common Stock on September 1, 2020 by exchanging 12,500 Class B common units of Carvana Group, LLC ("Class B Units") for 10,000 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 $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 June 15, 2020. The Reporting Person acquired the Class A Common Stock on September 1, 2020 by exchanging 12,500 Class B common units of Carvana Group, LLC ("Class B Units") for 10,000 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 $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 June 15, 2020. The Reporting Person acquired the Class A Common Stock on September 1, 2020 by exchanging 12,500 Class B common units of Carvana Group, LLC ("Class B Units") for 10,000 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 $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 $0.000; 200,000 of which vested on July 1, 2015 and 16,667 of which vest on the first of each month thereafter.

SEC source: 0001690820-20-000234 · wf-form4_159917036389347.xml · nonDerivative · entry 3

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,909

F3 · shares: Represents shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units.

SEC source: 0001690820-20-000234 · wf-form4_159917036389347.xml · nonDerivative · entry 2

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,983

F1 · kind: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 15, 2020. The Reporting Person acquired the Class A Common Stock on September 1, 2020 by exchanging 12,500 Class B common units of Carvana Group, LLC ("Class B Units") for 10,000 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: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 15, 2020. The Reporting Person acquired the Class A Common Stock on September 1, 2020 by exchanging 12,500 Class B common units of Carvana Group, LLC ("Class B Units") for 10,000 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").

SEC source: 0001690820-20-000234 · wf-form4_159917036389347.xml · nonDerivative · entry 1

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,983

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 June 15, 2020. The Reporting Person acquired the Class A Common Stock on September 1, 2020 by exchanging 12,500 Class B common units of Carvana Group, LLC ("Class B Units") for 10,000 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: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 15, 2020. The Reporting Person acquired the Class A Common Stock on September 1, 2020 by exchanging 12,500 Class B common units of Carvana Group, LLC ("Class B Units") for 10,000 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.

SEC source: 0001690820-20-000217 · wf-form4_159685053122360.xml · derivative · entry 3

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 358,749

Underlying: Class A Common Stock · 190,000 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 $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 June 15, 2020. The Reporting Person acquired the Class A Common Stock on August 7, 2020 by exchanging 237,500 Class B common units of Carvana Group, LLC ("Class B Units") for 190,000 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 $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 June 15, 2020. The Reporting Person acquired the Class A Common Stock on August 7, 2020 by exchanging 237,500 Class B common units of Carvana Group, LLC ("Class B Units") for 190,000 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 $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 June 15, 2020. The Reporting Person acquired the Class A Common Stock on August 7, 2020 by exchanging 237,500 Class B common units of Carvana Group, LLC ("Class B Units") for 190,000 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 $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 $0.000; 200,000 of which vested on July 1, 2015 and 16,667 of which vest on the first of each month thereafter.

SEC source: 0001690820-20-000217 · wf-form4_159685053122360.xml · nonDerivative · entry 2

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,983

F1 · kind: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 15, 2020. The Reporting Person acquired the Class A Common Stock on August 7, 2020 by exchanging 237,500 Class B common units of Carvana Group, LLC ("Class B Units") for 190,000 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: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 15, 2020. The Reporting Person acquired the Class A Common Stock on August 7, 2020 by exchanging 237,500 Class B common units of Carvana Group, LLC ("Class B Units") for 190,000 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 $190.52 to $222.62, inclusive; the price reported above reflects the volume weighted average sale price.

SEC source: 0001690820-20-000217 · wf-form4_159685053122360.xml · nonDerivative · entry 1

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 200,983

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 June 15, 2020. The Reporting Person acquired the Class A Common Stock on August 7, 2020 by exchanging 237,500 Class B common units of Carvana Group, LLC ("Class B Units") for 190,000 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: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 15, 2020. The Reporting Person acquired the Class A Common Stock on August 7, 2020 by exchanging 237,500 Class B common units of Carvana Group, LLC ("Class B Units") for 190,000 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.

SEC source: 0001690820-20-000194 · wf-form4_159658050857613.xml · nonDerivative · entry 1

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,983

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

SEC source: 0001690820-20-000169 · wf-form4_159407190928765.xml · nonDerivative · entry 1

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,057

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

SEC source: 0001690820-20-000150 · wf-form4_159122706810990.xml · nonDerivative · entry 1

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,131

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

SEC source: 0001690820-20-000130 · wf-form4_158871751639098.xml · nonDerivative · entry 1

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,205

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

SEC source: 0001690820-20-000108 · wf-form4_158594699465210.xml · nonDerivative · entry 1

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,279

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

SEC source: 0001690820-20-000064 · wf-form4_158327819008017.xml · nonDerivative · entry 1

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,354

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

SEC source: 0001690820-20-000042 · wf-form4_158215301284679.xml · derivative · entry 1

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,422

Underlying: Class A Common Stock · 28,422 shares

Expires 2030-02-14

F1 · derivative.exercise_date: The option vests 25% on April 1, 2021 and in 36 equal monthly installments thereafter, subject to the Reporting Person's continued service with the Issuer.

SEC source: 0001690820-20-000022 · wf-form4_158085633318468.xml · nonDerivative · entry 1

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,427

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

SEC source: 0001690820-20-000007 · wf-form4_157809086706882.xml · nonDerivative · entry 1

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,516

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

SEC source: 0001690820-19-000288 · wf-form4_157541115027432.xml · nonDerivative · entry 1

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,605

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

SEC source: 0001690820-19-000280 · wf-form4_157480678353898.xml · derivative · entry 3

JENKINS MARK W. · CIK 0001700540 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 596,249

Underlying: Class A Common Stock · 33,985 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 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 · 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 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 · 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 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 · 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 $0.000; 200,000 of which vested on July 1, 2015 and 16,667 of which vest on the first of each month thereafter.

SEC source: 0001690820-19-000280 · 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.