Yann Bruno Gellot - 08 Feb 2022 Form 4 Insider Report for CarGurus, Inc. (CARG)

Role: VP, Finance & PAO
Signature: /s/ Josh Goldstein, as attorney-in-fact
Issuer symbol: CARG
Transactions as of: 08 Feb 2022
Net transactions value: $0
Form type: 4
Filing time: 10 Feb 2022, 19:19:08 UTC
Previous filing: 04 Feb 2022
Next filing: 04 Apr 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	Award	$0	+7,167	+45%	$0.000000	23,235	08 Feb 2022	Direct	F1
transaction	CARG	Class A Common Stock	Award	$0	+7,167	+31%	$0.000000	30,402	08 Feb 2022	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares issuable upon settlement of restricted stock units ("RSUs") granted to the Reporting Person. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. Subject to the Reporting Person's continuous service as an employee of the Issuer, 6.25% of the RSUs will vest on April 1, 2022 and 6.25% of the RSUs will vest on the last day of each three-month period thereafter until January 1, 2026.

Content

Represents shares issuable upon settlement of restricted stock units ("RSUs") granted to the Reporting Person. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. Subject to the Reporting Person's continuous service as an employee of the Issuer, 6.25% of the RSUs will vest on April 1, 2022 and 6.25% of the RSUs will vest on the last day of each three-month period thereafter until January 1, 2026.