SEC Form 4 · accession 0000925421-17-000246
Cars.com Inc. · CARS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
TEGNA INC
10% Owner
Period of report
May 31, 2017
Accepted (ET)
Jun 2, 2017 · 5:16 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001683606
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | May 31, 2017 | J | 71,589,655 | $0.00 | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person distributed such shares of Cars.com Inc. common stock to its stockholders on a pro rata basis.
- F2This Form 4 is being filed in connection with the separation of Cars.com Inc. from TEGNA Inc. Prior to the distribution reported hereunder, the 100 shares of Cars.com Inc.'s Common Stock that were previously held by TEGNA Inc. were subdivided and converted into a number of shares of validly issued, fully paid and non-assessable shares of Cars.com Inc. Common Stock equal to the quotient of (a) the number of shares of common stock, par value $1.00 per share, of TEGNA Inc. that were issued and outstanding (but not including shares held by TEGNA Inc. as treasury stock) as of the effective time of the distribution transaction divided by (b) three (3).