CarGurus, Inc. — Director's Dealing 2019

Jan 4, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CarGurus, Inc. (CARG)
CIK: 0001494259
Period of Report: 2019-01-02

Reporting Person: Chrzan Oliver Ian (Chief Technology Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-01-02	Class A Common Stock	S	20000	$32.96	Disposed	1832906	Direct
2019-01-02	Class A Common Stock	F	869	$33.73	Disposed	1832037	Direct
2019-01-02	Class A Common Stock	M	39000	$.15	Acquired	1871037	Direct
2019-01-03	Class A Common Stock	M	7474	$.15	Acquired	1878511	Direct
2019-01-03	Class A Common Stock	M	103548	$.15	Acquired	1982059	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-01-02	Employee Stock Option (Right to Buy)	$.15	M	39000	Disposed	2023-09-25	Class A Common Stock (39000)	Direct
2019-01-03	Employee Stock Option (Right to Buy)	$.15	M	7474	Disposed	2023-09-25	Class A Common Stock (7474)	Direct
2019-01-03	Employee Stock Option (Right to Buy)	$.15	M	103548	Disposed	2023-09-25	Class B Common Stock (103548)	Direct

Footnotes

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

F2: Shares withheld for payment of tax liability upon vesting of restricted stock units.

F3: Represents the conversion of Class B common stock into Class A common stock at the Reporting Person's election.

F4: This option was granted on September 26, 2013 and is currently fully vested and exercisable.

F5: 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.