SEC Form 4 · accession 0001140361-15-043455
TrueCar, Inc. · TRUE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott Painter
Officer — CEO & Chairman of the Board · Director
Period of report
Nov 27, 2015
Accepted (ET)
Dec 2, 2015 · 7:34 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001327318
Table I — non-derivative securities
No Table I lines on this filing.
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)F1 | $30.00 | Nov 27, 2015 | D | 444,444 | D | Apr 21, 2014 | Apr 20, 2024 | Common Stock | 444,444 | 0 | D |
| Employee Stock Option (right to buy)F1 | $45.00 | Nov 27, 2015 | D | 444,444 | D | Apr 21, 2014 | Apr 20, 2024 | Common Stock | 444,444 | 0 | D |
| Employee Stock Option (right to buy)F1 | $60.00 | Nov 27, 2015 | D | 444,444 | D | Apr 21, 2014 | Apr 20, 2024 | Common Stock | 444,444 | 0 | D |
Explanation of responses
- F1The options were canceled by mutual agreement of the reporting person and TrueCar, Inc. The reporting person will receive $100,000 as consideration for the cancellation of the three options.