SEC Form 4 · accession 0000899243-17-024273
CarGurus, Inc. · CARG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Allen & CO LLC
Other
Period of report
Oct 16, 2017
Accepted (ET)
Oct 16, 2017 · 5:56 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001494259
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Oct 16, 2017 | C | 63,882 | $0.00 | A | 63,882 | D | |
| Class A Common Stock | Oct 16, 2017 | C | 4,802,155 | $0.00 | A | 4,802,155 | D | |
| Class A Common Stock | Oct 16, 2017 | C | 813,564 | $0.00 | A | 813,564 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series A Preferred StockF3,F1,F2 | — | Oct 16, 2017 | C | 10,647 | D | — | — | Class A Common Stock | 63,882 | 0 | D |
| Series B Preferred StockF3,F1,F2 | — | Oct 16, 2017 | C | 800,359 | D | — | — | Class A Common Stock | 4,802,155 | 0 | D |
| Series C Preferred StockF3,F1,F2 | — | Oct 16, 2017 | C | 135,594 | D | — | — | Class A Common Stock | 813,564 | 0 | D |
Explanation of responses
- F1Disclosure of conversion: each share of Series A Preferred Stock converted into 6.0000023 shares of Class A Common Stock, without payment or consideration. Each share of Series B Preferred Stock converted into 6.0000015 shares of Class A Common Stock, without payment or consideration. Each share of Series C Preferred Stock converted into 6 shares of Class A Common Stock, without payment or consideration.
- F2All of the Issuer's preferred stock was converted into Class A Common Stock upon the closing of its IPO. Following such conversion and issuance of additional shares in connection with the Issuer's IPO, Allen & Company LLC is the beneficial owner of less than 10% of the Issuer's outstanding Class A Common Stock.
- F3Pursuant to Instruction 4(c)(iii) of Form 4, this response has been left blank.