Jennifer Ladd Hanson - Sep 30, 2024 Form 4 Insider Report for CarGurus, Inc. (CARG)

Role: Chief People Officer
Signature: /s/ Suzanne Murray, as attorney-in-fact
Stock symbol: CARG
Transactions as of: Sep 30, 2024
Transactions value $: $0
Form type: 4
Date filed: 10/2/2024, 05:03 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CARG	Class A Common Stock	Award	$0	+56.6K		$0.00	56.6K	Sep 30, 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 September 30, 2025, and 6.25% of the RSUs will vest on the last day of each three-month period thereafter until September 30, 2028. Such vesting may be accelerated in connection with a Change of Control (as defined in the Issuer's Omnibus Incentive Compensation Plan).

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, 25% of the RSUs will vest on September 30, 2025, and 6.25% of the RSUs will vest on the last day of each three-month period thereafter until September 30, 2028. Such vesting may be accelerated in connection with a Change of Control (as defined in the Issuer's Omnibus Incentive Compensation Plan).