CarGurus, Inc. — Director's Dealing 2018

Apr 13, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CarGurus, Inc. (CARG)
CIK: 0001494259
Period of Report: 2018-03-02

Reporting Person: Parker David Lambert (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-03-02	Class A Common Stock	C	200000	$0.00	Acquired	1083305	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-03-02	Class B Common Stock	$0.00	C	200000	Disposed		Class A Common Stock (200000)	Direct

Footnotes

F1: Represents the conversion of Class B common stock into Class A common stock at the Reporting Person's election.

F2: In connection with the Reporting Person's resignation from the Issuer's Board of Directors (the "Board") effective March 22, 2018, the reported amount of securities beneficially owned in Column 5 reflects the Board's partial acceleration of vesting for the Reporting Person's award of 2,080 restricted stock units ("RSUs") granted to the Reporting Person on October 25, 2017, such that 1,040 of such RSUs became fully vested on the date of the Reporting Person's resignation, with the remaining 1,040 RSUs being forfeited.

F3: Each share of Class B common stock is convertible into one share of Class A common stock at the option of the holder and has no expiration date.