SEC Form 4 · accession 0001140361-18-024780
TrueCar, Inc. · TRUE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Buce
Director
Period of report
May 17, 2018
Accepted (ET)
May 18, 2018 · 8:02 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 | 88,753 | D | |
| Common StockF2 | holding | — | — | — | 221,888 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F3 | $9.04 | May 17, 2018 | A | 18,653 | D | — | 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.
- F2The shares are held by the Robert E. Buce and Barbara T. Buce Living Trust for which the Reporting Person serves as trustee.
- F3Shares 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.