Ownership Submission
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FORM 4
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Check this box if no longer subject to Section 16, Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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OMB APPROVAL
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OMB Number:3235-0287Expires:January 31, 2005Estimated average burden hours per response...0.5
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1. Name and Address of Reporting Person *
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Peer Andrew
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2. Issuer Name and Ticker or Trading Symbol
ACV Auctions Inc. [ACVA]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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_____ Director
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_____ 10% Owner
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_____ Officer (give title below)
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_____ Other (specify below)
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VP, Corporate Controller /
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(Last)
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(First)
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(Middle)
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C/O ACV AUCTIONS INC. , 640 ELLICOTT ST., SUITE 321
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3. Date of Earliest Transaction (Month/Day/Year)
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(Street)
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BUFFALO
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NY
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14203
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4. If Amendment, Date Original Filed(Month/Day/Year)
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6. Individual or Join/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security
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2. Transaction Date (Month/Day/Year)
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2A. Deemed Execution Date, if any (Month/Day/Year)
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3. Transaction Code
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4. Securities Acquired (A) or Disposed of (D)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
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6. Ownership Form: Direct (D) or Indirect (I)
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7. Nature of Indirect Beneficial Ownership
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Code
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V
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Amount
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(A) or (D)
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Price
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
(e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security
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2. Conversion or Exercise Price of Derivative Security
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3. Transaction Date (Month/Day/Year)
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3A. Deemed Execution Date, if any (Month/Day/Year)
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4. Transaction Code
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5. Number of Derivative Securities Acquired (A) or Disposed of (D)
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6. Date Exercisable and Expiration Date
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7. Title and Amount of Securities Underlying Derivative Security
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8. Price of Derivative Security
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9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s)
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10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
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11. Nature of Indirect Beneficial Ownership
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Code
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V
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(A)
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(D)
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Date Exercisable
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Expriation Date
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Title
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Amount or Number of Shares
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Reporting Owners
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Reporting Owner Name / Address
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Relationships
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Director
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10% Owner
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Officer
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Other
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Peer Andrew
C/O ACV AUCTIONS INC.
640 ELLICOTT ST., SUITE 321
BUFFALO, NY14203
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VP, Corporate Controller
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Signatures
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/s/ Michelle Webb, Attorney-in-Fact
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2024-09-06
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**Signature of Reporting Person
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Date
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Explanation of Responses:
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(*)
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If the form is filed by more than one reporting person, see Instruction 5(b)(v).
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(**)
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Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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(1)
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Represents restricted stock unit ("RSU") award that was previously not reported. The RSUs will vest in sixteen (16) substantially equal quarterly installments beginning on October 1, 2021, subject to the Reporting Person's continuous service through each such date
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(2)
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The restricted stock unit ("RSU") award included here was inadvertently absent from the prior filings due to an administrative error.
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(3)
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Represents a restricted stock unit ("RSU") award that was previously not reported. The RSUs will vest in twelve (12) substantially equal quarterly installments beginning on July 1, 2022, subject to the Reporting Person's continuous service through each such date
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(4)
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Represents a restricted stock unit ("RSU") award that was previously not reported. The RSUs will vest in sixteen (16) substantially equal quarterly installments beginning on July 1, 2023, subject to the Reporting Person's continuous service through each such date
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(5)
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Represents a restricted stock unit ("RSU") award that was previously not reported. The RSUs will vest in sixteen (16) substantially equal quarterly installments beginning on July 1, 2024, subject to the Reporting Person's continuous service through each such date
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(6)
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Shares sold pursuant to a Rule 10b5-1 trading plan enter into on June 13, 2024.
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(7)
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These shares were sold in a single transaction for $18.14 per share
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Note: File three copies of this Form, one of which must be manually signed. If space is insufficient,
See Instruction 6 for procedure.Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.
