Company: TRUE
Filing Date: 2025-11-13
Form Type: PREM14A
Source: 0001104659-25-111498
Chunk: 24

Company: TrueCar, Inc.
Filing Date: 2025-11-13
Form: PREM14A
Chunk 24
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 Vested Company RSU
”), whether settleable in shares of Company Stock or cash, will be canceled, and Parent will cause the Surviving Corporation to pay each such holder, within sixty (60) days following the Effective Time, for each Vested Company RSU an amount in cash equal to the Merger Consideration per share of Company Stock, less any applicable withholding taxes. Pursuant to the terms of the Merger Agreement, certain unvested Company RSUs that are set forth in the TrueCar Disclosure Schedule and outstanding immediately prior to the Effective Time (each, an “

#### Accelerated Company RSU
”) will accelerate and vest immediately prior to the Effective Time.

At the Effective Time, each Unvested Company RSU Award, whether settleable in shares of Company Stock or cash, will be converted into the contingent right solely to receive from the Surviving Corporation, in full satisfaction of the rights of such holder with respect thereto, an amount in cash (a “

#### Converted Stock Unit Cash Award
”) equal to the product obtained by multiplying (A) the Merger Consideration per share of Company Stock by (B) the number of shares of Company Stock covered by the applicable Unvested Company RSU Award immediately prior to the Effective Time. Subject to the terms of the Merger Agreement, the Converted Stock Unit Cash Award will continue to vest on the same schedule and conditions as applied to the applicable Unvested Company RSU Award and will otherwise remain subject to the same terms and conditions as applied to the corresponding Unvested Company RSU Award, as applicable, immediately prior to the Effective Time. Parent will cause payment of each applicable portion of a Converted Stock Unit Cash Award to be made without interest to the applicable holder thereof through the payroll or other appropriate system of the Surviving Corporation, as applicable, as soon as practicable after the applicable vesting date, but in each such case within sixty (60) days following the applicable vesting date, less any applicable taxes withheld pursuant to the Merger Agreement and the terms and conditions of the applicable Converted Stock Unit Cash Award.

#### Company PSUs
At the Effective Time, each Company PSU, whether or not vested, and whether settleable in shares of Company Stock or cash, will be canceled, and Parent will cause the Surviving Corporation to pay each holder, within sixty (60) days following the Effective Time, for each Company PSU that qualifies as a Change in Control Transaction Determined Unit an amount in cash equal to the Merger Consideration per