SEC FORM 3 SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
McClung Robert

(Last) (First) (Middle)
C/O TRUECAR, INC.
120 BROADWAY, SUITE 200

(Street)
SANTA MONICA CA 90401

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
05/17/2018
3. Issuer Name and Ticker or Trading Symbol
TrueCar, Inc. [ TRUE ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & Chief Technology Officer
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 170,155(1) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) (2) 02/07/2024 Common Stock 35,000 9.255 D
Employee Stock Option (right to buy) (3) 02/07/2024 Common Stock 1,950 9.255 D
Employee Stock Option (right to buy) (4) 02/07/2024 Common Stock 11,950 9.255 D
Employee Stock Option (right to buy) (5) 05/15/2024 Common Stock 11,799 12.81 D
Employee Stock Option (right to buy) (6) 08/11/2026 Common Stock 300,000 10.85 D
Employee Stock Option (right to buy) (7) 06/10/2027 Common Stock 56,736 18.91 D
Employee Stock Option (right to buy) (8) 06/10/2027 Common Stock 123,000 18.91 D
Employee Stock Option (right to buy) (8) 08/16/2027 Common Stock 12,500 16.62 D
Employee Stock Option (right to buy) (9) 05/12/2028 Common Stock 116,054 9.59 D
Explanation of Responses:
1. Includes 162,194 shares represented by restricted stock units.
2. An option to purchase 100,000 shares was granted on February 7, 2014 and was exercised in part prior to the date on which the Reporting Person became subject to Section 16. Shares subject to the option are fully vested and immediately exercisable.
3. An option to purchase 11,950 shares was granted on February 7, 2014 and was exercised in part prior to the date on which the Reporting Person became subject to Section 16. Shares subject to the option are fully vested and immediately exercisable.
4. Shares subject to the option are fully vested and immediately exercisable.
5. Shares subject to the option vest in forty-eight (48) equal monthly installments beginning on March 1, 2015.
6. Shares subject to the option vest in forty-eight (48) equal monthly installments beginning on August 11, 2016.
7. Shares subject to the option vest in forty-eight (48) equal monthly installments beginning on July 15, 2017.
8. The reported option is scheduled to vest as to 10% of the total number of shares subject to the option on June 15, 2018, as to 20% of such shares on June 15, 2019, as to 30% of such shares on June 15, 2020 and as to 40% of such shares on June 15, 2021.
9. Shares subject to the option vest in forty-eight (48) equal monthly installments beginning on May 15, 2018.
Remarks:
EX. 24 - Power of Attorney
/s/ Scott Watkinson, by Power of Attorney 05/24/2018
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
ex241poa
                                                                                                                                                                                     Exhibit 24.1
                                                                               POWER OF ATTORNEY

The undersigned, as a Section 16 reporting person of TrueCar, Inc. (the "Company"), hereby constitutes and appoints Chip Perry, John Pierantoni, Jeff Swart and Scott Watkinson,
and each of them, as the undersigned's true and lawful attorney-in-fact to: 

1.	prepare, execute in the undersigned's name and on the undersigned's behalf, and submit to the Securities and Exchange Commission (the "SEC") a Form ID, including 
        amendments thereto, and any other documents necessary or appropriate to obtain EDGAR codes and passwords enabling the undersigned to make electronic filings with 
        the SEC of reports required by Section 16(a) of the Securities Exchange Act of 1934 or any rule or regulation of the SEC;

2.	complete and execute Forms 3, 4 and 5 and other forms and all amendments thereto as such attorney-in-fact shall in his discretion determine to be required or 
        advisable pursuant to Section 16 of the Securities Exchange Act of 1934 (as amended) and the rules and regulations promulgated thereunder, or any successor 
        laws and regulations, as a consequence of the undersigned's ownership, acquisition or disposition of securities of the Company; and

3.	do all acts necessary in order to file such forms
 with the SEC, any securities exchange or national association, the Company and such other person or agency 
        as the attorneys-in-fact shall deem appropriate.

The undersigned hereby ratifies and confirms all that said attorneys-in-fact and agents shall do or cause to be done by virtue hereof.  The undersigned acknowledges that the 
foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company assuming, any of the undersigned's 
responsibilities to comply with Section 16 of the Securities Exchange Act of 1934 (as amended).

This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4 and 5 with respect to the undersigned's holdings 
of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the Company and the foregoing 
attorneys-in-fact. 

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 18th day of May, 2018.


Signature:    /s/ Robert McClung

Print Name:   Robert McClung