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

Role
Director
Signature
/s/ Kathleen Patton, as attorney-in-fact
Stock symbol
CARG
Transactions as of
May 27, 2021
Transactions value $
-$844,700
Form type
4
Date filed
6/1/2021, 05:12 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 -$281K -10K -0.31% $28.11 3.27M May 27, 2021 See footnote F1, F2, F3
transaction CARG Class A Common Stock Sale -$283K -10K -0.31% $28.32 3.26M May 28, 2021 See footnote F1, F3, F4
transaction CARG Class A Common Stock Sale -$280K -10K -0.31% $28.04 3.25M Jun 1, 2021 See footnote F1, F3, F5
holding CARG Class A Common Stock 5.47K May 27, 2021 Direct
holding CARG Class A Common Stock 796K May 27, 2021 See footnote F6
holding CARG Class A Common Stock 24.8K May 27, 2021 See footnote F7
holding CARG Class A Common Stock 300K May 27, 2021 See footnote 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 Argonaut 22 LLC.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.67 to $28.38 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 shares are owned directly by Argonaut 22 LLC. Spinnaker Capital LLC is the Managing Member of Argonaut 22 LLC and the Reporting Person, a director of the Issuer, is the Managing Member of Spinnaker Capital LLC. The Reporting Person is an indirect beneficial owner of the reported securities.
F4 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.13 to $28.61 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 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.73 to $28.62 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.
F6 The shares are owned directly by The RWS 2006 Family Trust. The Reporting Person, a director of the Issuer, is a co-trustee of The RWS 2006 Family Trust and may be deemed to be an indirect beneficial owner of the shares held by The RWS 2006 Family Trust. The Reporting Person expressly disclaims beneficial ownership of the shares held by The RWS 2006 Family Trust and this report shall not be deemed an admission that the Reporting Person is a beneficial owner of such securities for the purpose of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
F7 The shares are owned directly by The NP 2003 Family Trust. The Reporting Person, a director of the Issuer, is a co-trustee of The NP 2003 Family Trust and may be deemed to be an indirect beneficial owner of the shares held by The NP 2003 Family Trust. The Reporting Person expressly disclaims beneficial ownership of the shares held by The NP 2003 Family Trust and this report shall not be deemed an admission that the Reporting Person is a beneficial owner of such securities for the purpose of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
F8 The shares are owned directly by The Profesta Foundation, a family foundation, over which the Reporting Person, a director of the Issuer, is the Sole Trustee. The Reporting Person is an indirect beneficial owner of the reported securities.