SEC Form 4 · accession 0001209191-19-017028
Cars.com Inc. · CARS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Becky A Sheehan
Officer — Chief Financial Officer
Period of report
Mar 1, 2019
Accepted (ET)
Mar 5, 2019 · 6:47 pm EST
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 StockF1,F2 | Mar 1, 2019 | A | 21,977 | $0.00 | A | 128,499 | D | |
| Common StockF3,F2 | Mar 1, 2019 | F | 2,508 | $24.02 | D | 125,991 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted stock units (RSUs) granted under the Cars.com Inc. (the "Company") Omnibus Incentive Compensation Plan, generally vesting in three equal annual installments beginning on March 1, 2020, subject to acceleration upon certain events. Each RSU represents a right to receive one share of the Company's common stock.
- F2Includes RSUs.
- F3The RSUs that are being reported as "disposed" were retained (but not issued) by the Company in satisfaction of tax withholding obligations associated with the vesting of RSUs.