SEC Form 4 · accession 0001140361-18-024778
TrueCar, Inc. · TRUE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven J Dietz
Director
Period of report
May 17, 2018
Accepted (ET)
May 18, 2018 · 7:57 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 | May 17, 2018 | A | 8,296 | $0.00 | A | 23,783 | D | |
| Common StockF2 | holding | — | — | — | 23,867 | I | The Dietz Revocable Trust 2007 | |
| Common StockF3 | holding | — | — | — | 9,500 | I | The Dietz Family Trust 2011 | |
| Common StockF4 | holding | — | — | — | 10,970 | I | The Dietz Family Trust 2007 | |
| Common StockF5 | holding | — | — | — | 1,300 | I | By daughter | |
| Common StockF5 | holding | — | — | — | 900 | I | By elder son | |
| Common StockF5 | holding | — | — | — | 1,000 | I | By younger son |
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)F6 | $9.04 | May 17, 2018 | A | 18,653 | A | — | May 17, 2028 | Common Stock | 18,653 | 18,653 | D |
Explanation of responses
- F1The reported shares are represented by restricted stock units, or RSUs, which vest in full on the earlier of the day immediately prior to the Issuer's 2019 annual meeting of stockholders (the "2019 Annual Meeting") or May 31, 2019.
- F2Shares held directly by The Dietz Revocable Trust 2007, for which the Reporting Person serves as a trustee.
- F3Shares held directly by The Dietz Family Trust 2011, for which the Reporting Person serves as trustee.
- F4Shares held directly by The Dietz Family Trust 2007, for which the Reporting Person serves as trustee.
- F5The Reporting Person disclaims beneficial ownership of these securities, and the inclusion of these securities in this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- F6Shares subject to the option vest in twelve equal monthly installments beginning on June 17, 2018. Any unvested shares subject to the option vest on the day immediately prior to the 2019 Annual Meeting.