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CarGurus, Inc. — Director's Dealing 2017
Oct 11, 2017
31214_dirs_2017-10-11_4898e567-2af8-4a1d-aee7-5fd1b42f474b.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: CarGurus, Inc. (CARG)
CIK: 0001494259
Period of Report: 2017-10-11
Reporting Person: Allen & CO LLC (10% Owner)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Series A Convertible Preferred Stock | $0.0875 | Class A Common Stock (63882) | Direct | ||
| Series B Convertible Preferred Stock | $0.1301 | Class A Common Stock (4802155) | Direct | ||
| Series C Convertible Preferred Stock | $0.1415 | Class A Common Stock (813564) | Direct |
Footnotes
F1: In connection with the Issuer's initital public offering of its Class A Common Stock, all of the Issuer's outstanding preferred stock will be converted into Class A Common Stock. Upon the closing of the IPO, each share of the Series A Preferred will automatically convert into shares of the Issuer's Class A Common Stock on a 6.0000023-for-one basis. Upon the closing of the IPO, each share of the Series B Preferred will automatically convert into shares of the Issuer's Class A Common Stock on a 6.0000015-for-one basis. Upon the closing of the IPO, each share of the Series C Preferred will automatically convert into shares of the Issuer's Class A Common Stock on a six-for-one basis. Allen & Company LLC will thereafter hold 5,679,601 shares of Class A Common Stock of the Issuer. The Preferred Stock has no expiration date.