Company: TRUE
Filing Date: 2025-11-13
Form Type: PREM14A
Source: 0001104659-25-111498
Chunk: 237

Company: TrueCar, Inc.
Filing Date: 2025-11-13
Form: PREM14A
Chunk 237
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 RSU Award, whether settleable in shares of Company Stock or cash, shall 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. The Converted Stock Unit Cash Award shall continue to vest on the same schedule and conditions as applied to the applicable Unvested Company RSU Award and shall 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, including any acceleration of vesting provisions, but excluding any terms rendered inoperative by reason the Merger and for such other administrative or ministerial changes as in the reasonable and good faith determination of Parent are appropriate to conform the Converted Stock Unit Cash Award. Payment of each applicable portion of a Converted Stock Unit Cash Award shall be made without interest and at the time and in the manner provided under Section 2.7(b) .

(b) Performance-Based Restricted Stock Units . At the Effective Time, each performance-based restricted stock unit of the Company that is outstanding immediately prior to the Effective Time (each, a “

#### Company PSU
”) under any Company Equity Plan, whether or not vested, and whether settleable in shares of Company Stock or cash, shall be canceled, and Parent shall cause the Surviving Corporation to pay each holder at the time and in the manner provided under Section 2.7(a) for each Change in Control Transaction Determined Unit an amount in cash equal to the Merger Consideration per share of Company Stock (the “

#### Company PSU Consideration
”), less any applicable Taxes withheld pursuant to Section 2.8 . For the avoidance of doubt, each Company PSU that is not a Change in Control Transaction Determined Unit shall be canceled for no consideration.

(c) Company Stock Options . At the Effective Time, each option to purchase shares of Company Stock under any Company Equity Plan that is outstanding (but not yet exercised) immediately prior to the Effective Time (each, a “

#### Company Option
” and together with the Company RSUs and Company PSUs, collectively, the “

#### Company Equity Awards
”), whether or not vested, shall be canceled,