Company: TRUE
Filing Date: 2025-04-08
Form Type: DEF 14A
Source: 0001104659-25-033025
Chunk: 69

Company: TrueCar, Inc.
Filing Date: 2025-04-08
Form: DEF 14A
Chunk 69
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 | ​ |
| ​ | Vesting Acceleration of Equity Awards﻿(3)   | ​ | ​ |                                                      657,530(4) | ​ | ​ |            2,112,410(5) | ​ | ​ |              1,904,317 | ​ | ​ |          1,717,926(6) | ​ |   |   |   |
| ​ | Continued Coverage of Employee Benefits﻿(7) | ​ | ​ |                                                          21,554 | ​ | ​ |                  21,554 | ​ | ​ |                      — | ​ | ​ |                32,331 | ​ |   |   |   |
| ​ | Total Benefits                              | ​ | ​ |                                                         945,751 | ​ | ​ |               2,400,631 | ​ | ​ |              1,904,317 | ​ | ​ |             1,750,257 | ​ |   |   |   |

(1) If a change in control occurs while the Executive remains employed by us and if he or she remains employed with us (or our successor) on the first day immediately following the 12-month anniversary of the closing of the change in control, then 100% of any of the Executive’s equity awards other than PSUs that both are outstanding as of such date and were granted to him at least 90 days (60 days, in the case of Mr. Reigersman) before the change in control will vest and, if applicable, become fully exercisable. If the change of control occurs during the three-year performance period applicable to the Executive’s PSUs, then the number of PSUs that vest in connection with the change of control will be determined based upon the Company’s CAGR performance measured against the Index companies’ CAGR performance during the portion of the performance period that precedes the effective date of the change of control, but if the acquiring or surviving company assumes or substitutes the PSUs with substantially similar equity awards, then they will not vest until the last day of the performance period (but with the number of PSUs vesting having been determined as of the closing of the change in control as described earlier). We have prepared this table on the assumption that the PSUs are not assumed in connection with a change of control. (2) Reflects the lump sum of 100% of Mr. Reigersman’s base salary during the 12 months following his termination and his full target bonus compensation for the year in which the