SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
UNITED SERVICES AUTOMOBILE ASSOCIATION

(Last) (First) (Middle)
9800 FREDERICKSBURG RD

(Street)
SAN ANTONIO TX 78288

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TrueCar, Inc. [ TRUE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/01/2016
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/01/2016(1) S 160,000(2)(3) D $9.611(2)(3) 10,072,346 D
Common Stock 08/02/2016(1) S 40,000(4) D $9.2616(4) 10,032,346 D
Common Stock 1,633,347 I USAA Property Holdings, Inc.(5)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
UNITED SERVICES AUTOMOBILE ASSOCIATION

(Last) (First) (Middle)
9800 FREDERICKSBURG RD

(Street)
SAN ANTONIO TX 78288

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
USAA Property Holdings, Inc.

(Last) (First) (Middle)
9800 FREDERICKSBURG ROAD

(Street)
SAN ANTONIO TX 78288

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. The transactions reported on this form were executed pursuant to a 10b5-1 plan adopted as of August 26, 2015.
2. Execution Breakdown of Price/Sold Shares: (continuation will be included in footnote #3) PRICE SOLD SHARES $ 9.34 800 9.35 100 9.355 100 9.36 1,615 9.365 1,431 9.37 2,863 9.375 700 9.38 1,985 9.39 500 9.395 300 9.40 1,000 9.41 900 9.415 200 9.42 799 9.425 100 9.43 500 9.44 800 9.45 800 9.46 500 9.47 2,600 9.48 1,400 9.485 100 9.49 5,533 9.495 1,100 9.50 4,000 9.505 5,500 9.51 5,700 9.5125 100 9.515 200 9.53 7,800 9.55 1,900 9.555 300 9.58 1,900 9.59 3,000 9.60 6,200 9.605 700 9.61 8,920 9.615 1,000 9.62 9,400
3. Execution Breakdown of Price/Sold Shares: (continuation from footnote #2) PRICE SOLD SHARES $9.6225 100 9.625 100 9.635 300 9.64 6,000 9.645 300 9.65 7,900 9.655 100 9.66 1,000 9.67 3,100 9.6725 100 9.68 2,280 9.69 9,600 9.70 9,502 9.71 2,701 9.72 2,052 9.73 1,610 9.74 11,900 9.745 500 9.75 6,052 9.76 4,276 9.765 200 9.77 6,081 9.775 900
4. Execution Breakdown of Price/Sold Shares: PRICE SOLD SHARES $ 9.10 370 9.105 2,300 9.11 2,299 9.115 1,011 9.12 1,700 9.125 1,544 9.13 300 9.14 1,000 9.145 1,100 9.15 5,023 9.155 300 9.16 2,928 9.165 600 9.17 400 9.175 300 9.18 700 9.19 100 9.21 100 9.22 200 9.29 100 9.30 521 9.31 500 9.32 300 9.33 85 9.34 100 9.37 600 9.375 700 9.38 1,000 9.385 200 9.39 700 9.395 1,400 9.40 2,355 9.405 100 9.41 483 9.42 1,400 9.425 624 9.43 2,367 9.435 100 9.44 846 9.45 500 9.46 44 9.47 100 9.48 500 9.49 200 9.50 200 9.505 1,200 9.54 200 9.56 100 9.75 200
5. USAA Property Holdings, Inc. is a wholly owned subsidiary of United Services Automobile Association.
/s/ Douglas I. Ward, Vice President and Chief Investment Officer 08/03/2016
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.