Ismail Elshareef - Feb 1, 2024 Form 4 Insider Report for CarGurus, Inc. (CARG)

Signature
/s/ Suzanne Murray, as attorney-in-fact
Stock symbol
CARG
Transactions as of
Feb 1, 2024
Transactions value $
$0
Form type
4
Date filed
2/5/2024, 05:10 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CARG Class A Common Stock Award $0 +76.1K +760770% $0.00 76.1K Feb 1, 2024 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, 25% of the RSUs will vest on February 1, 2025 and 6.25% of the RSUs will vest on the last day of each three-month period thereafter until February 1, 2028. Such vesting may be accelerated in connection with a Change of Control (as defined in the Issuer's Omnibus Incentive Compensation Plan (the "2017 Plan")).