Company: TRUE
Filing Date: 2025-11-13
Form Type: PREM14A
Source: 0001104659-25-111498
Chunk: 127

Company: TrueCar, Inc.
Filing Date: 2025-11-13
Form: PREM14A
Chunk 127
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 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;

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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 share of Company Stock, less any applicable withholding taxes;

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each Company PSU that is not a Change in Control Transaction Determined Unit will be canceled for no consideration;

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each Company Option, whether or not vested, will be canceled, and Parent will cause the Surviving Corporation to pay to each holder of an In-the-Money Company Option, within sixty (60) days following the Effective Time, for each share underlying an In-the-Money Company Option, an amount in cash equal to the Merger Consideration per share of Company Stock less: (i) the exercise price per share of Company Stock of the Company Option; and (ii) applicable withholding taxes; and

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each Company Option that is not an In-the-Money Company Option will be canceled for no consideration. None of the Company Options held by the Company’s NEOs or non-employee directors are In-the-Money Company Options and all Company Options will be canceled for no consideration.

For an estimate of the value of Company Equity Awards held by the NEOs that would be canceled in exchange for Merger Consideration, assuming that the Merger occured on October 31, 2025, see “— Quantification of Payments and Benefits to Named Executive Officers” below.

The estimate of the value of Company RSUs held by the Company’s non-employee directors that would be canceled in exchange for Merger Consideration, assuming that the Merger occured on October 31, 2025, is as follows: Barbara A. Carbone, $245,190; Brendan L. Harrington, $245,190; Faye M. Iosotaluno, $245,190; and Diego A. Rodriguez, $419,847. None of the Company’s non-employee directors hold any other Company Equity Awards.

#### TrueCar Employment Agreements
Pursuant to the Company’s employment agreement with Mr. Reigersman, if Mr. Reigersman’s employment is