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CarGurus, Inc. — Director's Dealing 2017
Oct 11, 2017
31214_dirs_2017-10-11_f485e34f-44ba-4209-a3b7-b6dfc6b925f7.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: Growth Capital Fund I, L.P. (10% Owner)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Series E Convertible Preferred Stock | $ | Class A Common Stock (2768004) | Direct |
Footnotes
F1: At any time at the holder's election, each share of the Issuer's Series E convertible preferred stock (the "Series E Preferred") is convertible into shares of the Issuer's common stock, one third of which number of shares shall be Class A Common Stock and two thirds of which number of shares shall be Class B Common Stock, on a 6-for-one basis without payment or consideration. Upon the closing of the IPO, each share of the Series E Preferred will automatically convert into shares of the Issuer's Class A Common Stock on a 6-for-one basis without payment or consideration. The Series E Preferred has no expiration date. Each of Patrick Burton, Kelly Flynn, Justin Kelly, Michael Palmer and Stephanie Simon are Managing Directors of Growth Capital GP I, LLC, the General Partner of Growth Capital Fund I, L.P.