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
- The reported securities are represented by restricted stock units which vest in 16 equal quarterly installments beginning on June 15, 2020.
- The reported securities are represented by restricted stock units which vest in 8 equal quarterly installments beginning on June 15, 2020.
- 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.
- The reported option is scheduled to vest in 48 equal monthly installments beginning on April 9, 2020.
Billionaire Hedge Funds
