Filing Details

Accession Number:
0001567619-20-006196
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-03-12 16:49:44
Reporting Period:
2020-03-09
Accepted Time:
2020-03-12 16:49:44
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1327318 Truecar Inc. TRUE Services-Computer Programming, Data Processing, Etc. (7370) 043807511
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1721059 Michael Darrow C/O Truecar, Inc.
120 Broadway, Suite 200
Santa Monica CA 90401
President & Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2020-03-09 188,000 $0.00 398,636 No 4 A Direct
Common Stock Acquisiton 2020-03-09 300,000 $0.00 698,636 No 4 A Direct
Common Stock Acquisiton 2020-03-11 100,000 $2.33 798,636 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 A Direct
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (right to buy) Acquisiton 2020-03-09 323,000 $0.00 323,000 $2.32
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
323,000 2030-03-09 No 4 A Direct
Footnotes
  1. The reported securities are represented by restricted stock units which vest in 16 equal quarterly installments beginning on June 15, 2020.
  2. The reported securities are represented by restricted stock units which vest in 8 equal quarterly installments beginning on June 15, 2020.
  3. The reported price in Column 4 is weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.2925 to $2.42 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 purchased at each separate price within the ranges set forth in this footnote (3) to this Form 4.
  4. The reported option is scheduled to vest in 48 equal monthly installments beginning on April 9, 2020.