Form 4 for CARG CarGurus, Inc.
Accepted 2024-11-12 00:00:00 ET · period of report 2024-11-08 · accession 0001127602-24-026989 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-11-12 | 2024-11-08+ | CARG | Zales Samuel | COO, Pres | M - OptEx | $35.61 | +134.5K | 568.5K | +31% | +$4.79M |
| DM | 2024-11-12 | 2024-11-08+ | CARG | Zales Samuel | COO, Pres | S - Sale+OE | $36.59 | -134.5K | 449.8K | -23% | -$4.92M |
| DM | 2024-11-12 | 2024-11-08+ | CARG | Zales Samuel | COO, Pres | M - OptEx | $0.00 | -134.5K | 128.6K | -51% | $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 | 2024-11-08 | M | A | 15,807 | $35.61 | 465,628 | D | — | — | |
| 2 | Common | Class A Common Stock | 2024-11-08 | S | D | 4,950 | $36.14 | 460,678 | D | — | — | (F3) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.00 to $36.36 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 U.S. Securities and Exchange Commission, the Issuer or any security holder of the Issuer. |
| 3 | Common | Class A Common Stock | 2024-11-08 | S | D | 10,857 | $37.73 | 449,821 | D | — | — | (F4) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.31 to $37.88 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 U.S. Securities and Exchange Commission, the Issuer or any security holder of the Issuer. |
| 4 | Common | Class A Common Stock | 2024-11-11 | M | A | 118,710 | $35.61 | 568,531 | D | — | — | |
| 5 | Common | Class A Common Stock | 2024-11-11 | S | D | 118,710 | $36.50 | 449,821 | D | — | — | (F5) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.00 to $36.745 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 U.S. Securities and Exchange Commission, the Issuer or any security holder of the Issuer. |
| 6 | Derivative | Stock Option | 2024-11-11 | M | D | 118,710 | $0.00 | 9,857 | D | $35.61 · — to 2031-02-10 | 118,710 Class A Common Stock | (F6) Subject to the Reporting Person's continuous service as an employee of the Issuer, 6.25% of the shares underlying the stock option vested and became exercisable on April 1, 2021 and 6.25% of the shares underlying the stock option will vest and become exercisable (or have vested and became exercisable, as applicable) on the last day of each three-month period thereafter until January 1, 2025. Such vesting may be accelerated in connection with a Change of Control (as defined in the Issuer's Omnibus Incentive Compensation Plan). |
| 7 | Derivative | Stock Option | 2024-11-08 | M | D | 15,807 | $0.00 | 128,567 | D | $35.61 · — to 2031-02-10 | 15,807 Class A Common Stock | (F6) Subject to the Reporting Person's continuous service as an employee of the Issuer, 6.25% of the shares underlying the stock option vested and became exercisable on April 1, 2021 and 6.25% of the shares underlying the stock option will vest and become exercisable (or have vested and became exercisable, as applicable) on the last day of each three-month period thereafter until January 1, 2025. Such vesting may be accelerated in connection with a Change of Control (as defined in the Issuer's Omnibus Incentive Compensation Plan). |