SEC Form 4 · accession 0001140361-15-012095
TrueCar, Inc. · TRUE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Krafcik
Officer — President · Director
Period of report
Mar 12, 2015
Accepted (ET)
Mar 16, 2015 · 8:49 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001327318
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 12, 2015 | A | 38,898 | $0.00 | A | 49,921 | D | |
| Common StockF2 | Mar 12, 2015 | A | 14,750 | $0.00 | A | 64,671 | D | |
| Common StockF3 | Mar 12, 2015 | A | 2,797 | $0.00 | A | 67,468 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reported securities are represented by restricted stock units (RSUs) issued upon the achievement of performance goals with respect to certain revenue and adjusted EBITDA targets. This reflects corrected reporting for an RSU award originally reported on May 23, 2014. At grant, such award could have vested as to a total of 44,887 shares. Based on actual performance achieved, a total of 39,725 shares are scheduled to vest in forty-eight (48) equal monthly installments beginning on March 1, 2015.
- F2The reported securities are represented by RSUs issued upon the achievement of performance goals with respect to certain revenue and adjusted EBITDA targets. This reflects corrected reporting for an RSU award originally reported on May 23, 2014. At grant, such award could have vested as to a total of 16,666 shares. Based on actual performance achieved, a total of 14,750 shares are scheduled to vest in sixteen (16) equal quarterly installments beginning on March 31, 2015.
- F3The reported securities are represented by RSUs which vest in four (4) equal quarterly installments beginning on March 31, 2015.