Jason Trevisan - 03 Jan 2023 Form 4 Insider Report for CarGurus, Inc. (CARG)

Role
Chief Executive Officer, Director
Signature
/s/ Javier Zamora, as attorney-in-fact
Issuer symbol
CARG
Transactions as of
03 Jan 2023
Net transactions value
-$286,392
Form type
4
Filing time
05 Jan 2023, 15:47:23 UTC
Previous filing
03 Oct 2022
Next filing
17 Feb 2023
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 $286,392 -20,442 -3.7% $14.01 525,201 03 Jan 2023 Direct F1
holding CARG Class A Common Stock 29,260 03 Jan 2023 See Footnote F2
holding CARG Class A Common Stock 50,740 03 Jan 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