Jason Trevisan - Jul 1, 2022 Form 4 Insider Report for CarGurus, Inc. (CARG)

Role
Chief Executive Officer, Director
Signature
/s/ Josh Goldstein, as attorney-in-fact
Stock symbol
CARG
Transactions as of
Jul 1, 2022
Transactions value $
-$319,530
Form type
4
Date filed
7/5/2022, 04:32 PM
Previous filing
Apr 4, 2022
Next filing
Oct 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CARG Class A Common Stock Tax liability -$320K -14.3K -2.48% $22.42 560K Jul 1, 2022 Direct F1
holding CARG Class A Common Stock 29.3K Jul 1, 2022 See Footnote F2, F3
holding CARG Class A Common Stock 50.7K Jul 1, 2022 See Footnote F2, F4
* 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 On June 27, 2022, the Trevisan 2021 Grantor Retained Annuity Trust dated March 12, 2021 (the "GRAT") distributed 29,260 shares of the Issuer's Class A Common Stock as an annuity payment to the Jason Trevisan 2019 Family Trust dated July 23, 2019 (the "Family Trust").
F3 These shares are held directly by the Family Trust, of which the Reporting Person is trustee. The Reporting Person and members of his immediate family are the beneficiaries of the Family Trust.
F4 These shares are held directly by the GRAT, of which the Reporting Person is trustee. The Reporting Person's children are the beneficiaries of the GRAT.