including our director nominees Dan Quayle and Gregory Sullivan
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executive officers and greater-than-ten-percent stockholders to file initial reports of
and paid to our non-employee directors for the year ended December 31
and a B.B.A. in finance from The University of Texas at Austin.
and are directly tied to the performance of the company and shareholder outcomes. We will continue to utilize rigorous governance processes to
255 RSUs; Messrs. Jenkins and Huston would have received 14
may use a company-provided cellular phone; and each
all outstanding vested stock options and time-based RSUs of that executive will become fully exercisable or vested. An executive
and forfeiture of incentive awards in the event the executive engages in various types of conduct deemed detrimental
including theft or fraud against Carvana and engaging in competition with Carvana;
gross profit per unit ex-Gift and EBITDA margin ex-Gift as performance metrics
as described above under “Compensation Discussion and
and B4 Units (all as defined above in the “Outstanding Equity Awards at 2018 Fiscal Year End” table).
we amended and restated Carvana Group’s existing
LLC Unitholders (and certain permitted transferees thereof) may exchange at any time their LLC Units for