Company: TRUE
Filing Date: 2025-04-08
Form Type: DEF 14A
Source: 0001104659-25-033025
Chunk: 78

Company: TrueCar, Inc.
Filing Date: 2025-04-08
Form: DEF 14A
Chunk 78
---
, 2020, $ 3.12per share as of December 31, 2021 and $ 2.18per share as of December 31, 2022. The remeasured fair value of the March 2021 awards was $ 2.72as of December 31, 2021, $ 2.14per share as of December 31, 2022 and $ 2.80per share as of December 31, 2023. The remeasured fair value of the March 2022 awards was $ 2.68as of December 31, 2022, $ 3.96as of December 31, 2023 and $ 3.41as of December 31, 2024. The remeasured fair value of the March 2023 awards was $ 4.74as of December 31, 2023 and $ 5.01as of December 31, 2024. The remeasured fair value of the March 2024 awards was $ 4.45as of December 31, 2024. We used the Black-Scholes option-pricing model to determine the grant date fair value of stock options awards granted to our employees. We granted these stock options awards at the money and used the “simplified” method as describe in SAB Topic 14 Question 6 to estimate the expected term. Since these options were no longer at the money after the grant date, we used Rev. Proc. 2003-68 to re-value these stock options awards for purposes of this table. The range of fair values of remeasured

54

TABLE OF CONTENTS 2025 ANNUAL PROXY STATEMENT

stock option awards for our PEO are as follows: (i) for 2020, between $ 0.65and $ 3.47; (ii) for 2021, between $ 0.88and $ 4.21; and (iii) for 2022, between $ 0.40and $ 2.48. The amounts deducted or added in calculating the stock award and the option award adjustments are as follows: Former PEO**

| ​ 
 ​ | Year 
 2024 | ​ 
 ​ | ​ 
 ​ | Year End FairValue ofOutstandingand UnvestedEquity AwardsGranted inthe Year($) 
                                                                             $— | ​ 
 ​ | ​ 
 ​ | Year overYear