SEC Form 4 · accession 0001140361-17-033333
TrueCar, Inc. · TRUE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ion Yadigaroglu
Director
Period of report
Aug 23, 2017
Accepted (ET)
Aug 25, 2017 · 5:52 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,F3,F4 | Aug 23, 2017 | S | 63,232 | $16.3966 | D | 88,124 | I | By Capricorn AIP-Private Investment Fund I, L.P. |
| Common StockF1,F3,F4 | Aug 23, 2017 | S | 9,934 | $16.3966 | D | 13,845 | I | By HIT Splitter, L.P. |
| Common StockF2,F3,F4 | Aug 24, 2017 | S | 42,865 | $16.5246 | D | 45,259 | I | By Capricorn AIP-Private Investment Fund I, L.P. |
| Common StockF2,F3,F4 | Aug 24, 2017 | S | 6,735 | $16.5246 | D | 7,110 | I | By HIT Splitter, L.P. |
| Common Stock | holding | — | — | — | 19,539 | D | ||
| Common StockF3,F4 | holding | — | — | — | 5,870 | I | By Capricorn Investment Group LLC | |
| Common StockF3,F4 | holding | — | — | — | 678,775 | I | By The Skoll Foundation | |
| Common StockF3,F4 | holding | — | — | — | 578,736 | I | By The Skoll Fund | |
| Common StockF3,F4 | holding | — | — | — | 205,174 | I | By Capricorn S.A. SICAV-SIF Global Non-Marketable Strategies Sub-Fund | |
| Common StockF3,F4 | holding | — | — | — | 26,674 | I | By Carthage, L.P. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reported price in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $16.29 to $16.58 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission ("SEC"), upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) and (2) to this Form 4.
- F2The reported price in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $16.33 to $16.79 per share, inclusive.
- F3Capricorn Investment Group LLC ("Capricorn Group") serves as the investment manager for The Skoll Foundation ("Foundation"), The Skoll Fund ("Fund"), and Capricorn S.A. SICAV-SIF-Global Non-Marketable Strategies Sub-Fund ("Capricorn SA"), and is the general partner of Capricorn AIP-Private Investment Fund I, L.P. ("Capricorn AIP"), HIT Splitter, L.P. ("HSLP") and Carthage, L.P. ("Carthage"). Capricorn Group has sole voting and investment control over the shares held by Foundation, Fund, Capricorn SA, Capricorn AIP, HSLP and Carthage, in addition to having sole voting and investment control over the shares it holds directly. Capricorn Group is an SEC-registered investment adviser. Voting and dispositive decisions on behalf of Capricorn Group are made by an investment committee consisting of three individuals, including the Reporting Person, who share voting and investment control with respect to the shares held by Foundation, Fund, Capricorn SA, Capricorn AIP, HSLP and Carthage.
- F4The Reporting Person disclaims beneficial ownership of the securities held by the entities listed in footnote (2) above except to the extent of any pecuniary interest therein and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.