SEC Form 4 · accession 0001127602-19-001335
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
Jan 2, 2019
Accepted (ET)
Jan 4, 2019 · 4:54 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 | Jan 2, 2019 | S | 20,000 | $32.96 | D | 1,832,906 | D | |
| Class A Common Stock | Jan 2, 2019 | F | 869 | $33.73 | D | 1,832,037 | D | |
| Class A Common Stock | Jan 2, 2019 | M | 39,000 | $0.15 | A | 1,871,037 | D | |
| Class A Common Stock | Jan 3, 2019 | M | 7,474 | $0.15 | A | 1,878,511 | D | |
| Class A Common StockF3 | Jan 3, 2019 | M | 103,548 | $0.15 | A | 1,982,059 | 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)F4 | $0.15 | Jan 2, 2019 | M | 39,000 | D | — | Sep 25, 2023 | Class A Common Stock | 39,000 | 7,474 | D |
| Employee Stock Option (Right to Buy)F4 | $0.15 | Jan 3, 2019 | M | 7,474 | D | — | Sep 25, 2023 | Class A Common Stock | 7,474 | 0 | D |
| Employee Stock Option (Right to Buy)F5,F4 | $0.15 | Jan 3, 2019 | M | 103,548 | D | — | Sep 25, 2023 | Class B Common Stock | 103,548 | 0 | D |
Explanation of responses
- F1This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- F2Shares withheld for payment of tax liability upon vesting of restricted stock units.
- F3Represents the conversion of Class B common stock into Class A common stock at the Reporting Person's election.
- F4This option was granted on September 26, 2013 and is currently fully vested and exercisable.
- F5Each 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.