SEC Form 4 · accession 0001127602-19-011264
CarGurus, Inc. · CARG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Samuel Zales
Officer — COO and President
Period of report
Mar 11, 2019
Accepted (ET)
Mar 13, 2019 · 5:37 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 | Mar 11, 2019 | M | 15,000 | $0.16 | A | 194,053 | D | |
| Class A Common StockF3 | Mar 11, 2019 | S | 15,000 | $39.77 | D | 179,053 | 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 | $0.16 | Mar 11, 2019 | M | 15,000 | D | — | Dec 10, 2024 | Class A Common Stock | 15,000 | 62,782 | 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 $39.32 to $40.04 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.
- F4This option is fully vested and exercisable.