Form 4 for CARG CarGurus, Inc.
Accepted 2024-09-06 00:00:00 ET · period of report 2024-09-04 · accession 0001127602-24-023617 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-09-06 | 2024-09-04 | CARG | Steinert Langley | Executive COB, Dir, 10% | C - Cnv Deriv | $0.00 | +241.9K | 687.3K | +54% | $0 |
| D | 2024-09-06 | 2024-09-04 | CARG | Steinert Langley | Executive COB, Dir, 10% | C - Cnv Deriv | $0.00 | -241.9K | 13.91M | -2% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2024-09-04 | C | A | 241,935 | $0.00 | 687,286 | D | — | — | (F1) Represents the conversion of Class B Common Stock into Class A Common Stock at the Reporting Person's election. |
| 2 | Derivative | Class B Common Stock | 2024-09-04 | C | D | 241,935 | $0.00 | 13,908,952 | D | — · — to — | 241,935 Class A Common Stock | (F1) Represents the conversion of Class B Common Stock into Class A Common Stock at the Reporting Person's election. (F3) Each share of Class B Common Stock has no expiration date and is convertible into one share of Class A Common Stock at the option of the Reporting Person or automatically either upon the transfer of such share of Class B Common Stock, except for certain transfers described in the Issuer's amended and restated certificate of incorporation, or upon the date falling after the first to occur of the death of Langley Steinert, Langley Steinert's voluntary termination of all employment with the Issuer and service on the Issuer's board of directors or the sum of the number of shares of the Issuer's capital stock held by Langley Steinert and any Family Member or Permitted Entity of Langley Steinert (as such terms are defined in the Issuer's amended and restated certificate of incorporation), assuming the exercise and settlement in full of all outstanding options and convertible securities and calculated on an as-converted to Class A Common Stock basis, being less than 9,091,484 shares. |