SEC Form 4 · accession 0001127602-18-032912
CarGurus, Inc. · CARG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Samuel Zales
Officer — Chief Operating Officer
Period of report
Nov 12, 2018
Accepted (ET)
Nov 13, 2018 · 4:52 pm EST
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 | Nov 12, 2018 | M | 15,000 | $0.16 | A | 61,232 | D | |
| Class A Common StockF3 | Nov 12, 2018 | S | 12,684 | $41.28 | D | 48,548 | D | |
| Class A Common StockF4 | Nov 12, 2018 | S | 2,316 | $42.02 | D | 46,232 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F5 | $0.16 | Nov 12, 2018 | M | 15,000 | D | — | Dec 10, 2024 | Class A Common Stock | 15,000 | 122,782 | D |
Explanation of responses
- F1This stock option exercise was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- 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 $40.73 to $41.72 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.
- F4The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.73 to $42.24 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.
- F516,566 shares of Class A common stock subject to the option will vest and become exercisable on November 3, 2018.