Alex Vetter - May 9, 2024 Form 4 Insider Report for Cars.com Inc. (CARS)

Signature
/s/Angelique Strong Marks, as Attorney-in-Fact for T. Alex Vetter
Stock symbol
CARS
Transactions as of
May 9, 2024
Transactions value $
-$524,875
Form type
4
Date filed
5/13/2024, 04:55 PM
Previous filing
Mar 18, 2024
Next filing
May 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CARS Common Stock Sale -$525K -27.6K -4.02% $19.00 660K May 9, 2024 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) 513K May 9, 2024 Common Stock 513K $5.40 Direct
holding CARS Stock Options (right to buy) 291K May 9, 2024 Common Stock 291K $15.17 Direct
holding CARS Stock Options (right to buy) 263K May 9, 2024 Common Stock 263K $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.