Alex Vetter - Mar 1, 2022 Form 4 Insider Report for Cars.com Inc. (CARS)

Role
CEO, Director
Signature
/s/ James F. Rogers, as Attorney-in-Fact for T. Alex Vetter
Stock symbol
CARS
Transactions as of
Mar 1, 2022
Transactions value $
-$1,669,411
Form type
4
Date filed
3/3/2022, 05:11 PM
Previous filing
Jun 11, 2021
Next filing
Mar 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CARS Common Stock Tax liability -$1.61M -100K -12.1% $16.01 729K Mar 1, 2022 Direct F1, F2
transaction CARS Common Stock Award $0 +8.84K +1.21% $0.00 738K Mar 1, 2022 Direct F2, F3
transaction CARS Common Stock Tax liability -$62.7K -3.92K -0.53% $16.01 734K Mar 1, 2022 Direct F2, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding CARS Stock Options (right to buy) 513K Mar 1, 2022 Common Stock 513K $5.40 Direct
holding CARS Stock Options (right to buy) 291K Mar 1, 2022 Common Stock 291K $15.17 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of common stock underlying restricted stock units ("RSUs") that are being reported as "disposed" were retained (but not issued) by Cars.com Inc. (the "Company") in satisfaction of tax withholding obligations associated with the vesting of RSUs.
F2 Includes RSUs.
F3 Shares of common stock earned upon vesting of performance awards.
F4 The shares of common stock underlying the performance-based restricted stock units (PSUs) being reported as "disposed" were retained (but not issued) by the Company in satisfaction of tax withholding obligations associated with the vesting of PSUs.