Charles C. Thomas - 11 May 2021 Form 4 Insider Report for TrueCar, Inc. (TRUE)

Role
VP, Controller, PAO
Signature
/s/ Scott Watkinson, by Power of Attorney
Issuer symbol
TRUE
Transactions as of
11 May 2021
Net transactions value
-$7,420
Form type
4
Filing time
16 Jul 2021, 17:32:40 UTC
Next filing
18 May 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRUE Common Stock Award $0 +50,000 +71% $0.000000 120,525 11 May 2021 Direct F1, F2
transaction TRUE Common Stock Tax liability $7,420 -1,369 -1.2% $5.42 115,839 15 Jul 2021 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Charles C. Thomas is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The reported securities are represented by restricted stock units (RSUs) which vest in sixteen (16) quarterly installments beginning on July 15, 2021.
F2 The reporting person inadvertently failed to report the grant reported on this line at the time of grant. The amount of securities beneficially owned that is reported on this line is as of the date of that grant.
F3 The reported securities were withheld to satisfy the Reporting Person's tax liability in connection with the vesting of restricted stock units.