SEC Form 4 · accession 0001104659-17-062774

CarGurus, Inc. · CARG

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owners

10% Owner

10% Owner

Period of report

Oct 16, 2017

Accepted (ET)

Oct 18, 2017 · 4:48 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^F1,F2	Oct 16, 2017	C	15,231,219	—	A	15,231,219	D
Class A Common Stock^F2	Oct 16, 2017	S	1,523,000	$14.88	D	13,708,219	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	D/I
Series A Convertible Preferred Stock^F2,F1	—	Oct 16, 2017	C	793,741	D	—	—	Class A Common Stock	4,762,448	D
Series B Convertible Preferred Stock^F2,F1	—	Oct 16, 2017	C	791,643	D	—	—	Class A Common Stock	4,749,859	D
Series C Convertible Preferred Stock^F2,F1	—	Oct 16, 2017	C	953,152	D	—	—	Class A Common Stock	5,718,912	D

F1Each share of the Issuer's Series A Convertible Preferred Stock converted into 6.0000023 shares of the Issuer's Class A Common Stock upon the closing of the Issuer's sale of its Class A Common Stock in its firm commitment underwritten initial public offering pursuant to a registration statement on Form S-1 (File No. 333-220495) under the Securities Act of 1933, as amended (the "IPO"), and had no expiration date. Each share of the Issuer's Series B Convertible Preferred Stock converted into 6.0000015 shares of the Issuer's Class A Common Stock upon closing of the IPO and had no expiration date. Each share of the Issuer's Series C Convertible Preferred Stock converted into 6 shares of the Issuer's Class A Common Stock upon closing of the IPO and had no expiration date.
F2Argonaut 22 LLC is the direct beneficial owner of the shares. Spinnaker Capital LLC is the Managing Member of Argonaut 22 LLC and Anastasios Parafestas, a director of the Issuer, is the Managing Member of Spinnaker Capital LLC. Anastasios Parafestas and Spinnaker Capital are indirect beneficial owners of the reported securities.