Fredo Scot Christopher 4
4 · CarGurus, Inc. · Filed May 5, 2021
Insider Transaction Report
Form 4
CarGurus, Inc.CARG
Fredo Scot Christopher
CFO and Treasurer
Transactions
- Tax Payment
Class A Common Stock
2021-05-04$23.71/sh−99$2,347→ 60,591 total - Exercise/Conversion
Restricted Stock Units
2021-05-04−224→ 0 totalExercise: $0.00→ Class B Common Stock (224 underlying) - Exercise/Conversion
Class A Common Stock
2021-05-04+224→ 60,815 total
Footnotes (4)
- [F1]Shares withheld for payment of tax liability upon vesting of restricted stock units ("RSUs").
- [F2]Represents the conversion of Class B common stock into Class A common stock at the Reporting Person's election.
- [F3]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.
- [F4]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 vested 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.