CarGurus, Inc. — Director's Dealing 2019

Nov 20, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CarGurus, Inc. (CARG)
CIK: 0001494259
Period of Report: 2019-11-18

Reporting Person: Smith Ian G (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-18	Class A Common Stock	C	187440	—	Acquired	283725	Direct
2019-11-19	Class A Common Stock	S	117732	$39.75	Disposed	165993	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-11-18	Class B Common Stock	$0	C	187440	Disposed		Class A Common Stock (187440)	Direct

Footnotes

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

F2: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.70 to $39.91 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: 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.