CarGurus, Inc. — Director's Dealing 2018

Dec 10, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CarGurus, Inc. (CARG)
CIK: 0001494259
Period of Report: 2018-12-06

Reporting Person: Steinert Langley (Director, CEO, President and Chairman, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-12-06	Class A Common Stock	S	19725	$35.95	Disposed	6563031	Direct
2018-12-06	Class A Common Stock	S	32474	$36.93	Disposed	6530557	Direct
2018-12-06	Class A Common Stock	S	635	$37.47	Disposed	6529922	Direct
2018-12-06	Class A Common Stock	S	2191	$35.95	Disposed	773148	Indirect
2018-12-06	Class A Common Stock	S	3608	$36.93	Disposed	769540	Indirect
2018-12-06	Class A Common Stock	S	70	$37.47	Disposed	769470	Indirect
2018-12-07	Class A Common Stock	S	16465	$34.88	Disposed	6513457	Direct
2018-12-07	Class A Common Stock	S	23048	$35.72	Disposed	6490409	Direct
2018-12-07	Class A Common Stock	S	11160	$36.65	Disposed	6479249	Direct
2018-12-07	Class A Common Stock	S	2160	$37.50	Disposed	6477089	Direct
2018-12-07	Class A Common Stock	S	1829	$34.88	Disposed	767641	Indirect
2018-12-07	Class A Common Stock	S	2561	$35.72	Disposed	765080	Indirect
2018-12-07	Class A Common Stock	S	1240	$36.65	Disposed	763840	Indirect
2018-12-07	Class A Common Stock	S	240	$37.50	Disposed	763600	Indirect

Footnotes

F1: This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.

F2: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.44 to $36.43 per share, inclusive. Information regarding the number of shares sold at each separate price will be made available from the Reporting Person upon request by the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer.

F3: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.44 to $37.43 per share, inclusive. Information regarding the number of shares sold at each separate price will be made available from the Reporting Person upon request by the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer.

F4: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.44 to $37.52 per share, inclusive. Information regarding the number of shares sold at each separate price will be made available from the Reporting Person upon request by the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer.

F5: This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by The Langley Steinert Irrevocable Family Trust dated June 21, 2004.

F6: These shares are owned directly by The Langley Steinert Irrevocable Family Trust dated June 21, 2004, of which the Reporting Person's children are the beneficiaries. The Reporting Person may be deemed to have indirect ownership over such shares, but expressly disclaims beneficial ownership of such shares.

F7: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.31 to $35.30 per share, inclusive. Information regarding the number of shares sold at each separate price will be made available from the Reporting Person upon request by the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer.

F8: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.31 to $36.30 per share, inclusive. Information regarding the number of shares sold at each separate price will be made available from the Reporting Person upon request by the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer.

F9: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.31 to $37.30 per share, inclusive. Information regarding the number of shares sold at each separate price will be made available from the Reporting Person upon request by the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer.

F10: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.31 to $37.55 per share, inclusive. Information regarding the number of shares sold at each separate price will be made available from the Reporting Person upon request by the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer.