SEC Form 4 · accession 0001140361-15-016519
TrueCar, Inc. · TRUE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bernard Brenner
Officer — EVP, Business Development
Period of report
Apr 23, 2015
Accepted (ET)
Apr 27, 2015 · 7:40 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 | Apr 23, 2015 | A | 12,500 | $0.00 | A | 368,296 | D | |
| Common StockF2 | holding | — | — | — | 16,666 | I | See footnote | |
| Common StockF3 | holding | — | — | — | 16,666 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F4 | $15.71 | Apr 23, 2015 | A | 37,500 | A | — | Apr 23, 2025 | Common Stock | 37,500 | 37,500 | D |
Explanation of responses
- F1The reported securities are represented by restricted stock units ("RSUs"), 1,562 of which are scheduled to vest on June 30, 2015 with the remaining RSUs vesting in fourteen (14) equal quarterly installments beginning on September 30, 2015.
- F2Shares directly held by The Alison Brenner 2014 Family Trust for which the Reporting Person serves as trustee.
- F3Shares directly held by The Brenner 2014 Trust for which the Reporting Person serves as trustee.
- F4The reported options are scheduled to vest in forty-eight (48) equal monthly installments beginning on February 1, 2015.