4//SEC Filing
Trevisan Jason 4
Accession 0001127602-24-004230
CIK 0001494259other
Filed
Feb 8, 7:00 PM ET
Accepted
Feb 9, 5:07 PM ET
Size
7.6 KB
Accession
0001127602-24-004230
Insider Transaction Report
Form 4
CarGurus, Inc.CARG
Trevisan Jason
DirectorChief Executive Officer
Transactions
- Award
Class A Common Stock
2024-02-07+275,150→ 868,416 total
Holdings
- 62,612(indirect: See Footnote)
Class A Common Stock
- 17,388(indirect: See Footnote)
Class A Common Stock
Footnotes (3)
- [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) 9.38% of the RSUs will vest on January 1, 2025; (iii) 9.37% of the RSUs will vest on April 1, 2025 and on the first day of each three-month period thereafter until 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).
- [F2]These shares are held directly by the Jason Trevisan 2019 Family Trust dated July 23, 2019 (the "Family Trust"), of which the Reporting Person is trustee. The Reporting Person and members of his immediate family are the beneficiaries of the Family Trust.
- [F3]These shares are held directly by the Trevisan 2021 Grantor Retained Annuity Trust dated March 12, 2021 (the "GRAT"), of which the Reporting Person is trustee. The Reporting Person's children are the beneficiaries of the GRAT.
Documents
Issuer
CarGurus, Inc.
CIK 0001494259
Entity typeother
Related Parties
1- filerCIK 0001718636
Filing Metadata
- Form type
- 4
- Filed
- Feb 8, 7:00 PM ET
- Accepted
- Feb 9, 5:07 PM ET
- Size
- 7.6 KB