T. Alex Vetter - 01 Mar 2022 Form 4 Insider Report for Cars.com Inc. (CARS)

Signature
/s/ James F. Rogers, as Attorney-in-Fact for T. Alex Vetter
Issuer symbol
CARS
Transactions as of
01 Mar 2022
Net transactions value
-$1,669,411
Form type
4
Filing time
03 Mar 2022, 17:11:14 UTC
Previous filing
11 Jun 2021
Next filing
18 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CARS Common Stock Tax liability $1,606,684 -100,355 -12% $16.01 729,072 01 Mar 2022 Direct F1, F2
transaction CARS Common Stock Award $0 +8,843 +1.2% $0.000000 737,915 01 Mar 2022 Direct F2, F3
transaction CARS Common Stock Tax liability $62,727 -3,918 -0.53% $16.01 733,997 01 Mar 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) 513,228 01 Mar 2022 Common Stock 513,228 $5.40 Direct
holding CARS Stock Options (right to buy) 290,994 01 Mar 2022 Common Stock 290,994 $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.