Langley Steinert - 03 Jan 2022 Form 4 Insider Report for CarGurus, Inc. (CARG)

Role
Executive Chairman, Director, 10%+ Owner
Signature
/s/ Josh Goldstein, as attorney-in-fact
Issuer symbol
CARG
Transactions as of
03 Jan 2022
Transactions value $
-$145,728
Form type
4
Filing time
05 Jan 2022, 15:21:15
Previous filing
14 Dec 2021
Next filing
10 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CARG Class A Common Stock Tax liability -$146K -4.33K -2.42% $33.64 175K 03 Jan 2022 Direct F1, F2
holding CARG Class A Common Stock 2 03 Jan 2022 See Footnote F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld for payment of tax liability upon vesting of restricted stock units.
F2 The aggregate number of securities beneficially owned following the transactions reported herein has been adjusted to correct previous immaterial errors in the allocation of the Reporting Person's direct and indirect beneficial ownership.
F3 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.