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CarGurus, Inc. — Director's Dealing 2024
Feb 9, 2024
31214_dirs_2024-02-09_29febf04-4548-42b0-a06c-38e6543222c5.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CarGurus, Inc. (CARG)
CIK: 0001494259
Period of Report: 2024-02-07
Reporting Person: Zales Samuel (COO and President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-07 | Class A Common Stock | A | 165090 | — | Acquired | 564609 | Direct |
Footnotes
F1: Represents shares issuable upon settlement of restricted stock units ("RSUs") granted to the Reporting Person. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. Subject to the Reporting Person's continuous service as an employee of the Issuer, such RSUs will vest as follows: (i) 4.17% of the RSUs will vest on April 1, 2024 and on the first day of each three-month period thereafter until October 1, 2024; (ii) 9.37% of the RSUs will vest on January 1, 2025 and on the first day of each three-month period thereafter until July 1, 2025; (iii) 9.38% of the RSUs will vest on October 1, 2025; and (iv) 6.25% of the RSUs will vest on January 1, 2026 and on the first day of each three-month period thereafter until October 1, 2027. Such vesting may be accelerated in connection with a Change of Control (as defined in the Issuer's Omnibus Incentive Compensation Plan).