SEC Form 4 · accession 0001567619-18-008309
TrueCar, Inc. · TRUE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert McClung
Officer — EVP & Chief Technology Officer
Period of report
Dec 15, 2018
Accepted (ET)
Dec 18, 2018 · 6:48 pm EST
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 | Dec 15, 2018 | F | 7,547 | $9.80 | D | 123,992 | D | |
| Common StockF3 | Dec 18, 2018 | S | 7,669 | $9.6295 | D | 116,323 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reported securities were withheld to satisfy the Reporting Person's tax liability in connection with the vesting of restricted stock units.
- F2The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 13, 2018.
- F3The reported price in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $9.49 to $9.79 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (3) to this Form 4.