SEC Form 4 · accession 0001140361-15-016523
TrueCar, Inc. · TRUE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Troy Foster
Officer — Chief Legal & Compliance Offcr
Period of report
Apr 23, 2015
Accepted (ET)
Apr 27, 2015 · 7:42 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 | 16,667 | $0.00 | A | 28,551 | D |
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 purchase)F2 | $15.71 | Apr 23, 2015 | A | 50,000 | A | — | Apr 23, 2025 | Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F1The reported securities are represented by restricted stock units ("RSUs"), 2,083 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.
- F2The reported options are scheduled to vest in forty-eight (48) equal monthly installments beginning on February 1, 2015.