SEC Form 4 · accession 0001140361-17-032879
TrueCar, Inc. · TRUE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Buce
Director
Period of report
Aug 18, 2017
Accepted (ET)
Aug 21, 2017 · 6:50 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 Stock | Aug 18, 2017 | M | 74,999 | $0.495 | A | 181,558 | D | |
| Common StockF1 | Aug 18, 2017 | S | 32,999 | $16.5156 | D | 148,559 | D | |
| Common StockF2 | holding | — | — | — | 165,786 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $0.495 | Aug 18, 2017 | M | 74,999 | D | — | Aug 21, 2017 | Common Stock | 74,999 | 0 | D |
Explanation of responses
- F1The reported price in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $16.2147 to $16.73 per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F2The shares are held by the Robert E. Buce and Barbara T. Buce Living Trust for which the Reporting Person serves as trustee.
- F3The shares subject to the option are fully vested and immediately exercisable.