CarGurus, Inc. — Director's Dealing 2019

Mar 20, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CarGurus, Inc. (CARG)
CIK: 0001494259
Period of Report: 2019-03-18

Reporting Person: Parafestas Anastasios (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-03-18	Class A Common Stock	S	44287	$39.22	Disposed	7505832	Indirect
2019-03-18	Class A Common Stock	S	16413	$40.39	Disposed	7489419	Indirect
2019-03-18	Class A Common Stock	S	17730	$39.22	Disposed	1288532	Indirect
2019-03-18	Class A Common Stock	S	6570	$40.40	Disposed	1281962	Indirect
2019-03-19	Class A Common Stock	S	24171	$38.25	Disposed	7465248	Indirect
2019-03-19	Class A Common Stock	S	23315	$39.12	Disposed	7441933	Indirect
2019-03-19	Class A Common Stock	S	9688	$38.25	Disposed	1272274	Indirect
2019-03-19	Class A Common Stock	S	9345	$39.12	Disposed	1262929	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	106873	Direct

Footnotes

F1: This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Argonaut 22 LLC.

F2: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.94 to $39.93 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 shares are owned directly by Argonaut 22 LLC. Spinnaker Capital LLC is the Managing Member of Argonaut 22 LLC and the Reporting Person, a director of the Issuer, is the Managing Member of Spinnaker Capital LLC. The Reporting Person is an indirect beneficial owner of the reported securities.

F4: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.94 to $40.91 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.

F5: This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by The RWS 2006 Family Trust.

F6: The shares are owned directly by The RWS 2006 Family Trust. The Reporting Person, a director of the Issuer, is a co-trustee of The RWS 2006 Family Trust and may be deemed to be an indirect beneficial owner of the shares held by The RWS 2006 Family Trust. The Reporting Person expressly disclaims beneficial ownership of the shares held by The RWS 2006 Family Trust and this report shall not be deemed an admission that the Reporting Person is a beneficial owner of such securities for the purpose of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

F7: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.79 to $38.78 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 $38.79 to $39.27 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.