AI assistant
TrueCar, Inc. — Director's Dealing 2015
Mar 16, 2015
33732_dirs_2015-03-16_662b1f7b-8640-47dd-bcef-c71fddfa6d33.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TrueCar, Inc. (TRUE)
CIK: 0001327318
Period of Report: 2015-03-12
Reporting Person: Stephenson John (EVP & Chief Risk Mgmt Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-03-12 | Common Stock | A | 3103 | $0.00 | Acquired | 3103 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-03-12 | Employee Stock Option (right to buy) | $12.81 | A | 88500 | Acquired | 2024-05-02 | Common Stock (88500) | Direct |
Footnotes
F1: The reported securities are represented by restricted stock units (RSUs) which vest in four (4) equal quarterly installments beginning on March 31, 2015.
F2: 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 100,000 shares was granted. Based on actual performance achieved, a total of 88,500 options are scheduled to vest in forty-eight (48) equal monthly installments beginning on March 1, 2015.
F3: The amounts reported in columns 5, 7 and 9 of Table II include a reduction of 11,500 options to reflect a correction to the reporting of the option grant originally reported on May 15, 2014.