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Filing Details

Accession Number:: 0001127602-20-026629
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-10-06 18:24:27
Reporting Period:: 2020-10-02

Accepted Time:: 2020-10-06 18:24:27
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1494259	Cargurus Inc.	CARG	Services-Computer Processing & Data Preparation (7374)	043843478

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1719192	Michael Thomas Caputo	2 Canal Park, 4Th Floor Cambridge MA 02141	Chief Product Officer	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Disposition	2020-10-02	1,879	$22.01	209,403	No	4	S	Direct
Class A Common Stock	Acquisiton	2020-10-02	8,248	$0.00	217,651	No	4	M	Direct
Class A Common Stock	Disposition	2020-10-02	5,487	$21.97	212,164	No	4	F	Direct
Class A Common Stock	Disposition	2020-10-05	3,443	$22.45	208,721	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	S	Direct
No	4	M	Direct
No	4	F	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class B Common Stock	Restricted Stock Units	Disposition	2020-10-02	8,248	$0.00	8,248	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
8,248			No	4	M	Direct

Footnotes

This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.63 to $22.38 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.
Represents the conversion of Class B common stock into Class A common stock at the Reporting Person's election.
Shares withheld for payment of tax liability upon vesting of restricted stock units ("RSUs").
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.95 to $22.70 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.
Such RSUs convert into shares of Class B common stock on a one-for-one basis.
Each share of Class B common stock is convertible into one share of Class A common stock at the option of the holder and has no expiration date.
On October 11, 2017, the Reporting Person was granted 132,000 RSUs convertible into shares of Class B common stock. The RSUs are subject to a liquidity-based vesting requirement, which was satisfied in connection with the Issuer's initial public offering, and a service-based vesting requirement. Subject to the Reporting Person's continued employment, 25% of the RSUs vested on January 4, 2018 and 6.25% of the RSUs vest (or have vested, as applicable) on the last day of each three-month period thereafter until January 4, 2021. Any vested RSUs will settle within 60 days of the date of vesting.