SEC Form 4 · accession 0001127602-18-035672
CarGurus, Inc. · CARG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Oliver Ian Chrzan
Officer — Chief Technology Officer
Period of report
Dec 7, 2018
Accepted (ET)
Dec 10, 2018 · 4:19 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 StockF2 | Dec 7, 2018 | S | 2,066 | $34.94 | D | 1,961,540 | D | |
| Class A Common StockF3 | Dec 7, 2018 | S | 2,734 | $35.76 | D | 1,958,806 | D | |
| Class A Common StockF4 | Dec 7, 2018 | S | 1,000 | $36.67 | D | 1,957,806 | D | |
| Class A Common StockF5 | Dec 7, 2018 | S | 200 | $37.51 | D | 1,957,606 | D | |
| Class A Common Stock | Dec 7, 2018 | M | 5,300 | $0.145 | A | 1,962,906 | 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)F6 | $0.145 | Dec 7, 2018 | M | 5,300 | D | — | Sep 25, 2023 | Class A Common Stock | 5,300 | 46,474 | D |
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 $34.40 to $35.38 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.
- F3The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.40 to $36.37 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 $36.43 to $36.89 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 $37.48 to $37.54 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.
- F6This option was granted on September 26, 2013 and is currently fully vested and exercisable.