CarGurus, Inc. — Director's Dealing 2017

Oct 16, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CarGurus, Inc. (CARG)
CIK: 0001494259
Period of Report: 2017-10-16

Reporting Person: Allen & CO LLC (Former 10% owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-10-16	Class A Common Stock	C	63882	$0.00	Acquired	63882	Direct
2017-10-16	Class A Common Stock	C	4802155	$0.00	Acquired	4802155	Direct
2017-10-16	Class A Common Stock	C	813564	$0.00	Acquired	813564	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-10-16	Series A Preferred Stock	$	C	10647	Disposed		Class A Common Stock (63882)	Direct
2017-10-16	Series B Preferred Stock	$	C	800359	Disposed		Class A Common Stock (4802155)	Direct
2017-10-16	Series C Preferred Stock	$	C	135594	Disposed		Class A Common Stock (813564)	Direct

Footnotes

F1: Disclosure 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.

F2: All 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.

F3: Pursuant to Instruction 4(c)(iii) of Form 4, this response has been left blank.