| 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 |
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| 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*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
TrueCar, Inc. [ TRUE ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 01/04/2016 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 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 | 01/04/2016(1) | S | 200,000(2)(3)(4)(5)(6) | D | $8.785(2)(3)(4)(5)(6) | 11,432,346 | D | |||
| Common Stock | 1,633,347(7) | I | USAA Property Holdings, Inc. | |||||||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 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*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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| 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, #4, #5 and #6) $8.32 300 $8.34 400 $8.345 100 $8.36 300 $8.37 600 $8.38 200 $8.39 300 $8.40 2,800 $8.405 200 $8.41 1,000 $8.415 300 $8.42 1,300 $8.425 1,500 $8.43 2,298 $8.435 2 $8.44 3,643 $8.445 1,683 $8.45 2,500 $8.46 500 $8.47 1,147 $8.475 353 $8.48 600 |
| 3. Execution Breakdown of Price/Sold Shares: (continuation from footnote # 2) $8.50 14,075 $8.505 400 $8.51 6,037 $8.515 200 $8.52 5,510 $8.525 300 $8.53 1,700 $8.54 1,175 $8.55 2,800 $8.555 600 $8.56 2,400 $8.57 1,772 $8.58 5,300 $8.585 100 $8.59 2,700 $8.60 2,200 $8.61 1,477 $8.615 200 $8.62 1,259 $8.63 824 $8.635 1,300 $8.64 900 $8.65 1,780 $8.66 1,000 $8.67 725 |
| 4. Execution Breakdown of Price/Sold Shares: (continuation from footnote #3) $8.675 675 $8.68 1,600 $8.685 100 $8.71 293 $8.72 300 $8.73 480 $8.735 400 $8.74 1,100 $8.745 300 $8.75 700 $8.76 1,300 $8.765 600 $8.77 900 $8.771 100 $8.78 1,400 $8.785 200 $8.79 800 $8.80 2,924 $8.81 2,200 $8.815 1,400 $8.82 3,100 $8.825 1,400 $8.83 820 $8.84 4,645 $8.85 1,000 |
| 5. Execution Breakdown of Price/Sold Shares: (continuation from footnote #4) $8.855 600 $8.86 1,790 $8.87 1,625 $8.88 1,900 $8.89 1,900 $8.895 200 $8.90 700 $8.905 700 $8.91 2,600 $8.92 2,400 $8.93 800 $8.94 5,429 $8.945 100 $8.95 4,085 $8.96 4,459 $8.965 2,200 $8.97 4,113 $8.975 1,300 $8.98 3,100 $8.985 1,899 $8.99 2,900 $9.00 5,721 $9.005 600 $9.01 3,700 |
| 6. Execution Breakdown of Price/Sold Shares: (continuation from footnote #5) $9.02 1,800 $9.025 200 $9.03 1,300 $9.04 1,000 $9.045 100 $9.05 1,250 $9.06 1,795 $9.065 435 $9.07 1,200 $9.08 3,800 $9.085 2,200 $9.09 2,600 $9.10 1,799 $9.105 1,000 $9.11 2,210 $9.12 3,386 $9.125 3,607 $9.13 4,600 $9.14 400 $9.15 100 $9.16 1,000 $9.17 500 $9.18 200 $9.19 100 $9.21 100 $9.22 200 $9.23 800 |
| 7. USAA Property Holdings, Inc. is a wholly owned subsidiary of United Services Automobile Association. |
| /s/ Douglas I. Ward, Vice President and Chief Investment Officer | 01/05/2016 | |
| ** 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. | ||