Langley Steinert - May 27, 2021 Form 4 Insider Report for CarGurus, Inc. (CARG)

Role
Executive Chairman, Director, 10%+ Owner
Signature
/s/ Kathleen Patton, as attorney-in-fact
Stock symbol
CARG
Transactions as of
May 27, 2021
Transactions value $
-$877,741
Form type
4
Date filed
6/1/2021, 05:11 PM
Previous filing
May 27, 2021
Next filing
Jun 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CARG Class A Common Stock Sale -$394K -14K -1.3% $28.14 1.06M May 27, 2021 Direct F1, F2
transaction CARG Class A Common Stock Sale -$43.8K -1.56K -1.58% $28.14 96.7K May 27, 2021 See Footnote F2, F3, F4
transaction CARG Class A Common Stock Sale -$396K -14K -1.32% $28.31 1.05M May 28, 2021 Direct F1, F5
transaction CARG Class A Common Stock Sale -$44K -1.56K -1.61% $28.31 95.1K May 28, 2021 See Footnote F3, F4, F5
* 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 $27.57 to $28.40 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 This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by The Langley Steinert Irrevocable Family Trust dated June 21, 2004.
F4 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.
F5 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.14 to $28.54 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.