EXPLANATORY NOTE
This Amendment No. 9 (Amendment No. 9) to Schedule 13D is filed jointly by Ernest C. Garcia II, Verde Investments, Inc.
(Verde), DriveTime Sales and Finance Company, LLC (DriveTime Sales) and EGC II SPE, LLC
(E-SPE,
and collectively with Mr. Garcia, Verde, and DriveTime Sales, the
Reporting Persons) with respect to the Class A common stock, par value $0.001 per share, of the Issuer, pursuant to their Joint Filing Agreement dated as of May 12, 2017, as amended and restated on September 27, 2018 (the
Joint Filing Agreement), filed as an exhibit to the Schedule 13D originally filed on behalf of the Reporting Persons with the United States Securities and Exchange Commission (the SEC) on May 12, 2017 and subsequently
amended on May 9, 2018, May 23, 2018, September 17, 2018, September 28, 2018, October 22, 2018, November 8, 2018, March 15, 2019 and April 1, 2019 (the Original Schedule 13D). Capitalized terms
used but not otherwise defined herein shall have the meanings ascribed to them in the Original Schedule 13D. Except as specifically provided herein, this Amendment No. 9 does not modify any of the information previously reported in the Original
Schedule 13D.
Item 2.
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Identity and Background
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The fifth paragraph of Item 2(a) of the Original Schedule 13D is hereby amended to delete DriveTime Sales as a record owner Class A Shares and
Class B Shares.
The following sentence is added as the last paragraph of Item 2(a) of the Original Schedule 13D.
DriveTime Sales will no longer be a Reporting Person or a member of the Section 13(d) group immediately upon the filing of this Amendment No. 9. The
remaining Reporting Persons will continue to jointly file statements on Schedule 13D with respect to their beneficial ownership of securities of the Issuer to the extent required by applicable law.
Item 5.
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Interest in Securities of the Issuer
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The disclosures provided in Item 5(c) of the Original Schedule 13D are hereby amended and restated in their entirety as follows:
(c)
The transactions effected by the Reporting Persons in
respect of Class A Shares since the most recent filing of the Reporting Persons on Schedule 13D are set forth on the following table.
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Transaction Date
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Price Per Share(1)
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Price Per Share Range
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Number of Shares(2)
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4/1/2019
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$
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58.98
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$
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57.69-59.68
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73,649
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4/2/2019
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$
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61.85
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$
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58.22-63.63
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135,006
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4/3/2019
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$
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62.12
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$
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60.01-63.64
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84,076
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4/4/2019
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$
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60.28
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$
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59.04-62.22
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68,460
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4/5/2019
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$
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59.99
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$
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57.90-60.77
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39,410
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4/8/2019
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$
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58.64
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$
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58.11-59.95
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39,596
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4/9/2019
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$
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59.93
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$
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58.38-60.87
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38,087
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4/10/2019
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$
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61.91
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$
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60.11-62.96
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48,800
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4/11/2019
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$
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63.35
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$
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62.42-63.82
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53,907
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4/12/2019
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$
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65.03
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$
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63.11-66.10
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54,706
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4/15/2019
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$
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64.54
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$
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62.54-66.12
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38,929
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4/16/2019
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$
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64.01
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$
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62.63-65.63
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44,897
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4/17/2019
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$
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62.28
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$
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61.24-64.16
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7,179
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4/18/2019
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$
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62.48
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$
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61.20-63.18
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30,879
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4/22/2019
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$
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65.11
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$
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62.14-66.20
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55,302
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5/10/2019
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$
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$
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43,230
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5/15/2019
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$
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64.82
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$
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63.80-65.79
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54,150
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5/16/2019
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$
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68.50
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$
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66.30-69.69
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127,455
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5/17/2019
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$
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68.05
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$
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66.33-69.07
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48,750
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