Home > Insider Trading > Filing (0001127602-21-025249)

Filing Details

Accession Number:: 0001127602-21-025249
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-09-14 16:01:48
Reporting Period:: 2021-09-10

Accepted Time:: 2021-09-14 16:01:48
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
1719138	Langley Steinert	2 Canal Park, 4Th Floor Cambridge MA 02141	Executive Chairman	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Disposition	2021-09-10	8,822	$30.75	1,198,901	No	4	S	Direct
Class A Common Stock	Disposition	2021-09-10	19,166	$31.67	1,179,735	No	4	S	Direct
Class A Common Stock	Disposition	2021-09-10	980	$30.75	112,613	No	4	S	Indirect	See Footnote
Class A Common Stock	Disposition	2021-09-10	2,130	$31.67	110,483	No	4	S	Indirect	See Footnote
Class A Common Stock	Disposition	2021-09-13	27,988	$31.63	1,151,747	No	4	S	Direct
Class A Common Stock	Disposition	2021-09-13	3,110	$31.63	107,373	No	4	S	Indirect	See Footnote
Class A Common Stock	Acquisiton	2021-09-13	369,963	$0.00	1,521,710	No	4	C	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	S	Direct
No	4	S	Indirect	See Footnote
No	4	S	Indirect	See Footnote
No	4	S	Direct
No	4	S	Indirect	See Footnote
No	4	C	Direct

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Class B Common Stock	Disposition	2021-09-13	369,963	$0.00	369,963	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
14,575,384			No	4	C	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 $30.41 to $31.40 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 $31.41 to $31.93 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.
This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by The Langley Steinert Irrevocable Family Trust dated June 21, 2004.
These shares are owned directly by The Langley Steinert Irrevocable Family Trust dated June 21, 2004, of which the Reporting Person's children are the beneficiaries. The Reporting Person may be deemed to have indirect ownership over such shares, but expressly disclaims beneficial ownership of such shares.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.31 to $32.03 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.
Represents the conversion of Class B Common Stock into Class A Common Stock at the Reporting Person's election.
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, by any Family Member of Langley Steinert, and by any 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.