SEC Form 4 · accession 0001127602-18-023122

CarGurus, Inc. · CARG

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Langley Steinert

Officer — CEO, President and Chairman · Director · 10% Owner

Period of report

Jul 9, 2018

Accepted (ET)

Jul 11, 2018 · 4:53 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 Stock^F2	Jul 9, 2018	S	52,833	$36.16	D	8,112,646	D
Class A Common Stock^F2,F3	Jul 9, 2018	S	5,870	$36.16	D	940,364	I	See Footnote
Class A Common Stock^F4	Jul 10, 2018	S	52,833	$35.52	D	8,059,813	D
Class A Common Stock^F4,F3	Jul 10, 2018	S	5,870	$35.52	D	934,494	I	See Footnote
Class A Common Stock^F5	Jul 11, 2018	S	11,743	$35.72	D	8,048,070	D
Class A Common Stock^F5,F3	Jul 11, 2018	S	1,307	$35.72	D	933,187	I	See Footnote

Table II — derivative securities

No Table II lines on this filing.

Explanation of responses

F1This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.87 to $36.66 per share, inclusive. Information regarding the number of shares sold at each separate price will be made available from the Reporting Person upon request by the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer.
F3These shares are owned directly by The Langley Steinert Irrevocable Family Trust dated June 21, 2004, of which the Reporting Person's children are the beneficiaries. The Reporting Person may be deemed to have indirect ownership over such shares, but expressly disclaims beneficial ownership of such shares.
F4The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.29 to $36.61 per share, inclusive. Information regarding the number of shares sold at each separate price will be made available from the Reporting Person upon request by the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer.
F5The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.03 to $35.98 per share, inclusive. Information regarding the number of shares sold at each separate price will be made available from the Reporting Person upon request by the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer.