SEC Form 4 · accession 0001140361-15-044777
TrueCar, Inc. · TRUE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Victor A Perry III
Officer — President & CEO
Period of report
Dec 14, 2015
Accepted (ET)
Dec 16, 2015 · 5:16 pm EST
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 | Dec 14, 2015 | A | 660,000 | $0.00 | A | 710,000 | 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 buy)F2 | $8.02 | Dec 14, 2015 | A | 1,840,000 | A | — | Dec 14, 2025 | Common Stock | 1,840,000 | 1,840,000 | D |
Explanation of responses
- F1The reported securities are represented by restricted stock units (RSUs) which vest in sixteen equal installments beginning on March 1, 2016.
- F2Shares subject to the option grant vest in forty-eight equal monthly installments beginning on March 1, 2016.