Langley Steinert - 07 Oct 2021 Form 4 Insider Report for CarGurus, Inc. (CARG)

Signature
/s/ Kathleen Patton, as attorney-in-fact
Issuer symbol
CARG
Transactions as of
07 Oct 2021
Net transactions value
-$3,291,592
Form type
4
Filing time
12 Oct 2021, 16:31:08 UTC
Previous filing
06 Oct 2021
Next filing
14 Oct 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CARG Class A Common Stock Sale $139,166 -4,239 -0.52% $32.83 813,941 07 Oct 2021 Direct F1, F2
transaction CARG Class A Common Stock Sale $468,707 -13,818 -1.7% $33.92 800,123 07 Oct 2021 Direct F1, F3
transaction CARG Class A Common Stock Sale $341,726 -9,931 -1.2% $34.41 790,192 07 Oct 2021 Direct F1, F4
transaction CARG Class A Common Stock Sale $15,496 -472 -0.66% $32.83 70,526 07 Oct 2021 See Footnote F2, F5, F6
transaction CARG Class A Common Stock Sale $52,067 -1,535 -2.2% $33.92 68,991 07 Oct 2021 See Footnote F3, F5, F6
transaction CARG Class A Common Stock Sale $37,954 -1,103 -1.6% $34.41 67,888 07 Oct 2021 See Footnote F4, F5, F6
transaction CARG Class A Common Stock Sale $1,054,505 -30,328 -3.8% $34.77 759,864 08 Oct 2021 Direct F1, F7
transaction CARG Class A Common Stock Sale $6,352 -180 -0.02% $35.29 759,684 08 Oct 2021 Direct F1, F8
transaction CARG Class A Common Stock Sale $117,175 -3,370 -5% $34.77 64,518 08 Oct 2021 See Footnote F5, F6, F7
transaction CARG Class A Common Stock Sale $706 -20 -0.03% $35.29 64,498 08 Oct 2021 See Footnote F5, F6, F8
transaction CARG Class A Common Stock Sale $889,606 -26,188 -3.4% $33.97 733,496 11 Oct 2021 Direct F1, F9
transaction CARG Class A Common Stock Sale $62,352 -1,800 -0.25% $34.64 731,696 11 Oct 2021 Direct F1, F10
transaction CARG Class A Common Stock Sale $98,853 -2,910 -4.5% $33.97 61,588 11 Oct 2021 See Footnote F5, F6, F9
transaction CARG Class A Common Stock Sale $6,928 -200 -0.32% $34.64 61,388 11 Oct 2021 See Footnote F5, F6, F10
* 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 $32.24 to $33.23 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 $33.24 to $34.23 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 $34.24 to $34.59 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 $34.24 to $35.23 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 $35.24 to $35.31 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.
F9 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.56 to $34.55 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.
F10 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.56 to $34.76 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.

Remarks:

Exhibit 24.1 - Power of Attorney