SEC Form 4 · accession 0001127602-18-028758
CarGurus, Inc. · CARG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Spinnaker Capital LLC
10% Owner
Period of report
Sep 27, 2018
Accepted (ET)
Oct 1, 2018 · 4:16 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 StockF2,F3 | Sep 27, 2018 | S | 50,000 | $55.72 | D | 9,141,646 | I | See footnote |
| Class A Common StockF4,F3 | Sep 28, 2018 | S | 50,000 | $55.34 | D | 9,091,646 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- F2The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.90 to $56.25 per share, inclusive. Information regarding the number of shares sold at each separate price will be made available from the Reporting Person upon request by the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer.
- F3The shares are owned directly by Argonaut 22 LLC. The Reporting Person is the Managing Member of Argonaut 22 LLC and Anastasios Parafestas, a director of the Issuer, is the Managing Member of the Reporting Person. The Reporting Person and Anastasios Parafestas are indirect beneficial owners of the reported securities.
- F4The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.99 to $55.91 per share, inclusive. Information regarding the number of shares sold at each separate price will be made available from the Reporting Person upon request by the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer.