SEC Form 4 · accession 0001127602-18-029369
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
Oct 1, 2018
Accepted (ET)
Oct 3, 2018 · 4:20 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 | Oct 1, 2018 | F | 1,514 | $54.70 | D | 7,345,904 | D | |
| Class A Common StockF3 | Oct 1, 2018 | S | 52,833 | $54.35 | D | 7,293,071 | D | |
| Class A Common StockF3,F4 | Oct 1, 2018 | S | 5,870 | $54.35 | D | 854,263 | I | See Footnote |
| Class A Common StockF5 | Oct 2, 2018 | S | 52,833 | $52.02 | D | 7,240,238 | D | |
| Class A Common StockF5,F4 | Oct 2, 2018 | S | 5,870 | $52.02 | D | 848,393 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares withheld for payment of tax liability upon vesting of restricted stock units.
- F2This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- F3The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.51 to $56.02 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.
- F4These 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.
- F5The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.10 to $54.54 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.