T. Alex Vetter - 01 Mar 2023 Form 4 Insider Report for Cars.com Inc. (CARS)

Signature
/s/ Angelique Strong Marks, as Attorney-in-Fact for T. Alex Vetter
Issuer symbol
CARS
Transactions as of
01 Mar 2023
Net transactions value
-$1,600,874
Form type
4
Filing time
03 Mar 2023, 14:28:41 UTC
Previous filing
18 Mar 2022
Next filing
07 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CARS Common Stock Tax liability $1,600,874 -84,837 -12% $18.87 649,160 01 Mar 2023 Direct F1, F2

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 2023 Common Stock 513,228 $5.40 Direct
holding CARS Stock Options (right to buy) 290,994 01 Mar 2023 Common Stock 290,994 $15.17 Direct
holding CARS Stock Options (right to buy) 263,119 01 Mar 2023 Common Stock 263,119 $15.07 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.