SEC Form 4 · accession 0001209191-18-030051
TrueCar, Inc. · TRUE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Pierantoni
Officer — Interim CFO, CAO
Period of report
May 12, 2018
Accepted (ET)
May 14, 2018 · 7:27 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 | 25,455 | $0.00 | A | 75,163 | D | |
| Common StockF2 | May 12, 2018 | A | 19,324 | $0.00 | A | 94,487 | 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)F3 | $9.59 | May 12, 2018 | A | 23,211 | A | — | May 12, 2028 | Common Stock | 23,211 | 23,211 | 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 securities are represented by restricted stock units which vest as to 50% of the shares on May 15, 2019 and the remaining 50% of the shares on November 15, 2019.
- F3The reported option is scheduled to vest in forty-eight (48) equal monthly installments beginning on May 15, 2018.