Growth Capital Fund I, L.P. 3
3 · CarGurus, Inc. · Filed Oct 11, 2017
Insider Transaction Report
Form 3
CarGurus, Inc.CARG
Growth Capital Fund I, L.P.
10% Owner
Holdings
Series E Convertible Preferred Stock
→ Class A Common Stock (2,768,004 underlying)
Footnotes (1)
- [F1]At any time at the holder's election, each share of the Issuer's Series E convertible preferred stock (the "Series E Preferred") is convertible into shares of the Issuer's common stock, one third of which number of shares shall be Class A Common Stock and two thirds of which number of shares shall be Class B Common Stock, on a 6-for-one basis without payment or consideration. Upon the closing of the IPO, each share of the Series E Preferred will automatically convert into shares of the Issuer's Class A Common Stock on a 6-for-one basis without payment or consideration. The Series E Preferred has no expiration date. Each of Patrick Burton, Kelly Flynn, Justin Kelly, Michael Palmer and Stephanie Simon are Managing Directors of Growth Capital GP I, LLC, the General Partner of Growth Capital Fund I, L.P.