Langley Steinert - 11 May 2021 Form 4 Insider Report for CarGurus, Inc. (CARG)

Signature
/s/ Kathleen Patton, as attorney-in-fact
Issuer symbol
CARG
Transactions as of
11 May 2021
Net transactions value
-$876,588
Form type
4
Filing time
13 May 2021, 16:10:11 UTC
Previous filing
11 May 2021
Next filing
17 May 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CARG Class A Common Stock Sale $42,090 -1,530 -0.12% $27.51 1,240,362 11 May 2021 Direct F1, F2
transaction CARG Class A Common Stock Sale $298,403 -10,485 -0.85% $28.46 1,229,877 11 May 2021 Direct F1, F3
transaction CARG Class A Common Stock Sale $57,182 -1,980 -0.16% $28.88 1,227,897 11 May 2021 Direct F1, F4
transaction CARG Class A Common Stock Sale $4,677 -170 -0.15% $27.51 116,712 11 May 2021 See Footnote F2, F5, F6
transaction CARG Class A Common Stock Sale $33,127 -1,164 -1% $28.46 115,548 11 May 2021 See Footnote F3, F5, F6
transaction CARG Class A Common Stock Sale $6,354 -220 -0.19% $28.88 115,328 11 May 2021 See Footnote F4, F5, F6
transaction CARG Class A Common Stock Sale $373,390 -13,364 -1.1% $27.94 1,214,533 12 May 2021 Direct F1, F7
transaction CARG Class A Common Stock Sale $17,886 -630 -0.05% $28.39 1,213,903 12 May 2021 Direct F1, F8
transaction CARG Class A Common Stock Sale $41,491 -1,485 -1.3% $27.94 113,843 12 May 2021 See Footnote F5, F6, F7
transaction CARG Class A Common Stock Sale $1,987 -70 -0.06% $28.39 113,773 12 May 2021 See Footnote F5, F6, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.78 to $27.77 per share, inclusive. Information regarding the number of shares sold at each separate price will be made available from the Reporting Person upon request by the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer.
F3 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.78 to $28.77 per share, inclusive. Information regarding the number of shares sold at each separate price will be made available from the Reporting Person upon request by the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer.
F4 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.78 to $29.21 per share, inclusive. Information regarding the number of shares sold at each separate price will be made available from the Reporting Person upon request by the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer.
F5 This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by The Langley Steinert Irrevocable Family Trust dated June 21, 2004.
F6 These shares are owned directly by The Langley Steinert Irrevocable Family Trust dated June 21, 2004, of which the Reporting Person's children are the beneficiaries. The Reporting Person may be deemed to have indirect ownership over such shares, but expressly disclaims beneficial ownership of such shares.
F7 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.37 to $28.36 per share, inclusive. Information regarding the number of shares sold at each separate price will be made available from the Reporting Person upon request by the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer.
F8 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.37 to $28.43 per share, inclusive. Information regarding the number of shares sold at each separate price will be made available from the Reporting Person upon request by the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer.