4//SEC Filing
TrueCar, Inc. 4
Accession 0001140361-15-012096
$TRUECIK 0001327318operating
Filed
Mar 15, 8:00 PM ET
Accepted
Mar 16, 8:49 PM ET
Size
13.6 KB
Accession
0001140361-15-012096
Insider Transaction Report
Form 4
TrueCar, Inc.TRUE
Painter Scott
DirectorCEO & Chairman of the Board10% Owner
Transactions
- Award
Common Stock
2015-03-12+4,445→ 1,878,860 total - Award
Common Stock
2015-03-12+78,096→ 1,874,415 total - Award
Employee Stock Option (right to buy)
2015-03-12+599,142→ 599,142 totalExercise: $12.81Exp: 2024-05-02→ Common Stock (599,142 underlying)
Holdings
- 3,147(indirect: See footnote)
Common Stock
- 3,147(indirect: See footnote)
Common Stock
- 3,147(indirect: See footnote)
Common Stock
- 3,147(indirect: See footnote)
Common Stock
Footnotes (9)
- [F1]The reported securities are represented by restricted stock units (RSUs) issued upon the achievement of performance goals with respect to certain revenue and adjusted EBITDA targets. This reflects corrected reporting for an RSU award originally reported on May 23, 2014. At grant, such award could have vested as to a total of 88,244 shares. Based on actual performance achieved, a total of 78,096 shares are scheduled to vest in sixteen (16) equal quarterly installments beginning on March 31, 2015.
- [F2]The cumulative balance includes a reduction of 10,148 shares to reflect a correction to the reporting of the RSU award originally reported on May 23, 2014.
- [F3]The reported securities are represented by RSUs which vest in four (4) equal quarterly installments beginning on March 31, 2015.
- [F4]Shares held directly by Indy Painter under the California Uniform Transfers to Minor Act for which the Reporting Person serves as custodian.
- [F5]Shares held directly by Luke Painter under the California Uniform Transfers to Minor Act for which the Reporting Person serves as custodian.
- [F6]Shares held directly by Noah Painter under the California Uniform Transfers to Minor Act for which the Reporting Person serves as custodian.
- [F7]Shares held directly by Zoe Painter under the California Uniform Transfers to Minor Act for which the Reporting Person serves as custodian.
- [F8]The reported options were issued upon the achievement of performance goals with respect to certain revenue and adjusted EBITDA targets. This reflects corrected reporting of an option grant originally reported on May 15, 2014. At grant, an option to purchase a total of 676,996 shares was granted. Based on actual performance achieved, a total of 599,142 options are scheduled to vest in forty-eight (48) equal monthly installments beginning on March 1, 2015.
- [F9]The amounts reported in columns 5, 7 and 9 of Table II include a reduction of 77,854 options to reflect a correction to the reporting of the option grant originally reported on May 15, 2014.
Documents
Issuer
TrueCar, Inc.
CIK 0001327318
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001327318
Filing Metadata
- Form type
- 4
- Filed
- Mar 15, 8:00 PM ET
- Accepted
- Mar 16, 8:49 PM ET
- Size
- 13.6 KB