Alex Vetter - Mar 8, 2023 Form 4 Insider Report for Cars.com Inc. (CARS)

Signature
/s/ Angelique Strong Marks, as Attorney-in-Fact for T. Alex Vetter
Stock symbol
CARS
Transactions as of
Mar 8, 2023
Transactions value $
-$1,520,256
Form type
4
Date filed
3/10/2023, 05:11 PM
Previous filing
Mar 7, 2023
Next filing
Mar 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CARS Common Stock Sale -$1M -57.8K -9.67% $17.35 540K Mar 8, 2023 Direct F1, F2
transaction CARS Common Stock Sale -$518K -30.2K -5.6% $17.15 510K Mar 9, 2023 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding CARS Stock Options (right to buy) 513K Mar 8, 2023 Common Stock 513K $5.40 Direct
holding CARS Stock Options (right to buy) 291K Mar 8, 2023 Common Stock 291K $15.17 Direct
holding CARS Stock Options (right to buy) 263K Mar 8, 2023 Common Stock 263K $15.07 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales price is a weighted average price. Shares were sold in multiple transactions at prices ranging from $17.22 to $17.43, inclusive. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price within such range upon request to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission.
F2 Includes RSUs.
F3 The sales price is a weighted average price. Shares were sold in multiple transactions at prices ranging from $17.00 to $17.46, inclusive. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price within such range upon request to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission.