Jason Trevisan - Jan 3, 2023 Form 4 Insider Report for CarGurus, Inc. (CARG)

Role
Chief Executive Officer, Director
Signature
/s/ Javier Zamora, as attorney-in-fact
Stock symbol
CARG
Transactions as of
Jan 3, 2023
Transactions value $
-$286,392
Form type
4
Date filed
1/5/2023, 03:47 PM
Previous filing
Oct 3, 2022
Next filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CARG Class A Common Stock Tax liability -$286K -20.4K -3.75% $14.01 525K Jan 3, 2023 Direct F1
holding CARG Class A Common Stock 29.3K Jan 3, 2023 See Footnote F2
holding CARG Class A Common Stock 50.7K Jan 3, 2023 See Footnote 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 These shares are held directly by the Jason Trevisan 2019 Family Trust dated July 23, 2019, of which the Reporting Person is trustee. The Reporting Person and the members of his immediate family are the beneficiaries of the trust.
F3 These shares are held directly by the Trevisan 2021 Grantor Retained Annuity Trust dated March 12, 2021 (the "GRAT"), of which the Reporting Person is trustee. The Reporting Person's children are the beneficiaries of the GRAT.

Remarks:

Exhibit 24.2 - Power of Attorney