McClung Robert 4
4 · TrueCar, Inc. · Filed Mar 19, 2019
Insider Transaction Report
Form 4
TrueCar, Inc.TRUE
McClung Robert
EVP & Chief Technology Officer
Transactions
- Award
Common Stock
2019-03-15+32,927→ 137,997 total - Tax Payment
Common Stock
2019-03-15$6.79/sh−7,478$50,776→ 105,070 total - Sale
Common Stock
2019-03-18$6.90/sh−7,736$53,368→ 134,087 total - Award
Common Stock
2019-03-15+3,826→ 141,823 total - Award
Employee Stock Option (right to buy)
2019-03-15+68,598→ 68,598 totalExercise: $6.93Exp: 2029-03-15→ Common Stock (68,598 underlying)
Footnotes (6)
- [F1]The reported securities were withheld to satisfy the Reporting Person's tax liability in connection with the vesting of restricted stock units.
- [F2]The reported securities are represented by restricted stock units which vest in 16 equal quarterly installments beginning on May 15, 2019.
- [F3]The reported securities are represented by restricted stock units which vest in four equal quarterly installments beginning on May 15, 2019.
- [F4]The 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.
- [F5]The reported price in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $6.80 to $7.00 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (5) to this Form 4.
- [F6]The reported option is scheduled to vest in 48 equal monthly installments beginning on March 15, 2019.