Company: TRUE
Filing Date: 2025-04-08
Form Type: DEF 14A
Source: 0001104659-25-033025
Chunk: 47

Company: TrueCar, Inc.
Filing Date: 2025-04-08
Form: DEF 14A
Chunk 47
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, but also returns in excess of those generally available. At the end of the three-year performance period, the compensation committee will determine the level of achievement of our relative CAGR for the three-year performance period and then apply the resulting vesting to the grant amount to determine the total amount that will vest. The table below reflects the annual equity grants awarded to our NEOs in 2024:

| ​ | Executive             | ​ | ​ | RSUsGranted | ​ | ​ | PSUsGranted | ​ |
| ​ | Jantoon E. Reigersman | ​ | ​ |     370,526 | ​ | ​ |     555,789 | ​ |
| ​ | Oliver M. Foley       | ​ | ​ |     117,894 | ​ | ​ |     176,842 | ​ |
| ​ | Jill S. Angel         | ​ | ​ |      92,631 | ​ | ​ |     138,947 | ​ |
| ​ | Jeffrey J. Swart      | ​ | ​ |      92,631 | ​ | ​ |     138,947 | ​ |
| ​ | Jay J. Ku             | ​ | ​ |     117,894 | ​ | ​ |     176,842 | ​ |

Vesting of 2021 Performance Units In 2021, the company granted certain of our NEOs who were then-serving as executives (Messrs. Reigersman and Swart) PSUs, or Series 2021 PSUs, that provide the opportunity to vest and be issued shares based on our total stockholder return determined by reference to our annualized CAGR compared to that of the Index, during the three-year period that ended on March 14, 2024, or the 2021 PSU Performance Period. Between 0% and 150% of the Series 2021 PSUs were eligible to vest, based on our relative annualized CAGR compared to the Index during the 2021 PSU Performance Period. For every percentage point that our CAGR exceeds that of the Index, the Series 2021 PSUs that are eligible to vest in excess of target is increased by two percentage points (such that if our annualized CAGR exceeds that of the Index by 25 percentage points, the maximum amount of 150% of target PSUs vest), and for every percentage point that our annualized CAGR is below that of the Index, the Series 2021 PSUs that are eligible to vest is decreased