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CarGurus, Inc. — Director's Dealing 2017
Oct 18, 2017
31214_dirs_2017-10-18_2533144d-47ae-49ae-8681-c9fb2c7303e9.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CarGurus, Inc. (CARG)
CIK: 0001494259
Period of Report: 2017-10-16
Reporting Person: Argonaut 22 LLC (10% Owner)
Reporting Person: Spinnaker Capital LLC (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-10-16 | Class A Common Stock | C | 15231219 | — | Acquired | 15231219 | Direct |
| 2017-10-16 | Class A Common Stock | S | 1523000 | $14.88 | Disposed | 13708219 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-10-16 | Series A Convertible Preferred Stock | $ | C | 793741 | Disposed | Class A Common Stock (4762448) | Direct | |
| 2017-10-16 | Series B Convertible Preferred Stock | $ | C | 791643 | Disposed | Class A Common Stock (4749859) | Direct | |
| 2017-10-16 | Series C Convertible Preferred Stock | $ | C | 953152 | Disposed | Class A Common Stock (5718912) | Direct |
Footnotes
F1: Each 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.
F2: Argonaut 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.