T. Alex Vetter - 08 Mar 2023 Form 4 Insider Report for Cars.com Inc. (CARS)

Role
CEO, Director
Signature
/s/ Angelique Strong Marks, as Attorney-in-Fact for T. Alex Vetter
Issuer symbol
CARS
Transactions as of
08 Mar 2023
Net transactions value
-$1,520,256
Form type
4
Filing time
10 Mar 2023, 17:11:48 UTC
Previous filing
07 Mar 2023
Next filing
16 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CARS Common Stock Sale $1,002,223 -57,765 -9.7% $17.35 539,716 08 Mar 2023 Direct F1, F2
transaction CARS Common Stock Sale $518,033 -30,206 -5.6% $17.15 509,510 09 Mar 2023 Direct F2, F3

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 08 Mar 2023 Common Stock 513,228 $5.40 Direct
holding CARS Stock Options (right to buy) 290,994 08 Mar 2023 Common Stock 290,994 $15.17 Direct
holding CARS Stock Options (right to buy) 263,119 08 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 sales price is a weighted average price. Shares were sold in multiple transactions at prices ranging from $17.22 to $17.43, inclusive. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price within such range upon request to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission.
F2 Includes RSUs.
F3 The sales price is a weighted average price. Shares were sold in multiple transactions at prices ranging from $17.00 to $17.46, inclusive. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price within such range upon request to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission.