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Filing Details

Accession Number:: 0001127602-21-004354
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-02-08 16:04:46
Reporting Period:: 2021-02-04

Accepted Time:: 2021-02-08 16:04:46
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
1842330	Christopher Scot Fredo	2 Canal Park 4Th Floor Cambridge MA 02141	Cfo And Treasurer	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	2021-02-04	117	$32.77	33,766	No	4	F	Direct
Class A Common Stock	Acquisiton	2021-02-04	224	$0.00	33,990	No	4	M	Direct
Class A Common Stock	Disposition	2021-02-05	182	$33.88	33,808	No	4	S	Direct
Class A Common Stock	Disposition	2021-02-05	37	$34.44	33,771	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	F	Direct
No	4	M	Direct
No	4	S	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	2021-02-04	224	$0.00	224	$0.00

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

Footnotes

Shares withheld for payment of tax liability upon vesting of restricted stock units ("RSUs").
Represents the conversion of Class B common stock into Class A common stock at the Reporting Person's election.
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 $33.15 to $34.03 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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.15 to $34.70 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.
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 May 4, 2017, the Reporting Person was granted 3,600 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 May 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 May 4, 2021. Any vested RSUs will settle within 60 days of the date of vesting.