| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CARG | Class A Common Stock | Sale | -$408K | -14K | -2.44% | $29.15 | 559K | Jul 29, 2021 | Direct | F1, F2 |
| transaction | CARG | Class A Common Stock | Sale | -$45.3K | -1.56K | -3.62% | $29.15 | 41.5K | Jul 29, 2021 | See Footnote | F2, F3, F4 |
| transaction | CARG | Class A Common Stock | Conversion of derivative security | $0 | +1.18M | +210.47% | $0.00 | 1.73M | Jul 29, 2021 | Direct | F5 |
| transaction | CARG | Class A Common Stock | Conversion of derivative security | $0 | +131K | +315.03% | $0.00 | 172K | Jul 29, 2021 | See Footnote | F4, F5 |
| transaction | CARG | Class A Common Stock | Sale | -$403K | -14K | -0.81% | $28.79 | 1.72M | Jul 30, 2021 | Direct | F1, F6 |
| transaction | CARG | Class A Common Stock | Sale | -$44.8K | -1.56K | -0.9% | $28.79 | 171K | Jul 30, 2021 | See Footnote | F3, F4, F6 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CARG | Class B Common Stock | Conversion of derivative security | $0 | -1.18M | -7.29% | $0.00 | 14.9M | Jul 29, 2021 | Class A Common Stock | 1.18M | Direct | F5, F7 | |
| transaction | CARG | Class B Common Stock | Conversion of derivative security | $0 | -131K | -6.45% | $0.00 | 1.89M | Jul 29, 2021 | Class A Common Stock | 131K | See Footnote | F4, F5, F7 |
| 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 $28.56 to $29.43 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. |
| 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 | Represents the conversion of Class B Common Stock into Class A Common Stock at the Reporting Person's election. |
| F6 | The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.49 to $29.18 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. |
| F7 | Each share of Class B Common Stock has no expiration date and is convertible into one share of Class A Common Stock at the option of the Reporting Person or automatically either upon the transfer of such share of Class B Common Stock, except for certain transfers described in the Issuer's amended and restated certificate of incorporation, or upon the date falling after the first to occur of the death of Langley Steinert, Langley Steinert's voluntary termination of all employment with the Issuer and service on the Issuer's board of directors or the sum of the number of shares of the Issuer's capital stock held by Langley Steinert, by any Family Member of Langley Steinert, and by any Permitted Entity of Langley Steinert (as such terms are defined in the Issuer's amended and restated certificate of incorporation), assuming the exercise and settlement in full of all outstanding options and convertible securities and calculated on an as-converted to Class A Common Stock basis, being less than 9,091,484 shares. |