TrueCar
TrueCar, Inc. (Form: 8-K, Received: 05/19/2017 16:27:28)


 
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
 
 
FORM 8-K
 
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported)
 
May 17, 2017
 
TrueCar, Inc.
(Exact name of registrant as specified in its charter)
Delaware
 
001-36449
 
04-3807511
(State or other jurisdiction of
incorporation)
 
(Commission File Number)
 
(IRS Employer
Identification No.)
 
120 Broadway, Suite 200
Santa Monica, California 90401
(Address of principal executive offices, including zip code)
 
(800) 200-2000
(Registrant’s telephone number, including area code)
 
(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
  Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 24 §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company x

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. x
 


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On May 18, 2017, TrueCar, Inc. (the “Company”) held its 2017 Annual Meeting of Stockholders (the “Annual Meeting”). At the Annual Meeting, proxies representing 69,009,996 shares of the Company’s common stock, or approximately 78.58% of the shares entitled to vote, were present and voted on the following two proposals, each of which is described in more detail in the Company’s definitive proxy statement filed with the United States Securities and Exchange Commission on April 5, 2017. The Company’s inspector of election certified the vote tabulations indicated below.
 
Proposal 1
 
The individuals listed below were elected as Class III directors at the Annual Meeting to serve on the Company’s Board of Directors until the 2020 annual meeting of stockholders or until their successors are duly elected and qualified.
 
 
 
For
 
Withheld
 
Broker Non-Votes
 
Christopher Claus
 
56,525,990
 
66,162
 
12,417,844
 
Steven Dietz
 
56,489,189
 
102,963
 
12,417,844
 
John Mendel
 
56,570,488
 
21,664
 
12,417,844
 
 
Proposal 2
 
Proposal 2 was a management proposal to ratify the selection of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for fiscal year ending December 31, 2017, as described in the proxy materials. This proposal was approved.
 
For
 
Against
 
Abstained
 
Broker Non-Votes
 
68,944,116
 
65,346
 
534
 
0
 
 
 

Item 5.02              Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.  

On May 17, 2017, the Compensation Committee of the Company's Board of Directors approved a quarterly bonus of $50,000 to Neeraj Gunsagar, the Company's Chief Marketing Officer.



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SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
 
 
TRUECAR, INC.
 
 
 
 
 
By:
/s/ Jeff Swart
 
Jeff Swart
 
 
General Counsel
 
Date:  May 19, 2017
 



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