SEC Form 4 · accession 0001209191-18-030049
TrueCar, Inc. · TRUE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Darrow
Officer — EVP, Partner & OEM Development
Period of report
May 12, 2018
Accepted (ET)
May 14, 2018 · 7:25 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 12, 2018 | A | 28,227 | $0.00 | A | 129,474 | 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 | $9.59 | May 12, 2018 | A | 90,087 | A | — | May 12, 2028 | Common Stock | 90,087 | 90,087 | D |
Explanation of responses
- F1The reported securities are represented by restricted stock units which vest in sixteen equal quarterly installments beginning on July 15, 2018.
- F2The reported option is scheduled to vest in forty-eight (48) equal monthly installments beginning on May 15, 2018.