SEC Form 4 · accession 0000899243-18-010154
CarGurus, Inc. · CARG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Lambert Parker
Director
Period of report
Mar 2, 2018
Accepted (ET)
Apr 13, 2018 · 6:35 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001494259
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1,F2 | Mar 2, 2018 | C | 200,000 | $0.00 | A | 1,083,305 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common StockF1,F3 | $0.00 | Mar 2, 2018 | C | 200,000 | D | — | — | Class A Common Stock | 200,000 | 0 | D |
Explanation of responses
- F1Represents the conversion of Class B common stock into Class A common stock at the Reporting Person's election.
- F2In connection with the Reporting Person's resignation from the Issuer's Board of Directors (the "Board") effective March 22, 2018, the reported amount of securities beneficially owned in Column 5 reflects the Board's partial acceleration of vesting for the Reporting Person's award of 2,080 restricted stock units ("RSUs") granted to the Reporting Person on October 25, 2017, such that 1,040 of such RSUs became fully vested on the date of the Reporting Person's resignation, with the remaining 1,040 RSUs being forfeited.
- F3Each share of Class B common stock is convertible into one share of Class A common stock at the option of the holder and has no expiration date.