T. Alex Vetter - 14 Dec 2023 Form 4 Insider Report for Cars.com Inc. (CARS)

Signature
/s/Angelique Strong Marks, as Attorney-in-Fact for T. Alex Vetter
Issuer symbol
CARS
Transactions as of
14 Dec 2023
Net transactions value
-$335,654
Form type
4
Filing time
18 Dec 2023, 17:40:12 UTC
Previous filing
15 Nov 2023
Next filing
14 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CARS Common Stock Sale $335,654 -17,666 -2.9% $19.00 586,551 14 Dec 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding CARS Stock Options (right to buy) 513,228 14 Dec 2023 Common Stock 513,228 $5.40 Direct
holding CARS Stock Options (right to buy) 290,994 14 Dec 2023 Common Stock 290,994 $15.17 Direct
holding CARS Stock Options (right to buy) 263,119 14 Dec 2023 Common Stock 263,119 $15.07 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Includes RSUs.