Kevin M. Olsen - Nov 8, 2021 Form 4 Insider Report for Dorman Products, Inc. (DORM)

Role
President and CEO, Director
Signature
/s/ Frank J. Mahr, by Power of Attorney
Stock symbol
DORM
Transactions as of
Nov 8, 2021
Transactions value $
-$75,657
Form type
4
Date filed
11/10/2021, 09:56 AM
Next filing
Mar 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DORM Common Stock Options Exercise $373K +4.74K +18.73% $78.64 30K Nov 8, 2021 Direct F1
transaction DORM Common Stock Tax liability -$445K -3.91K -13.02% $113.82 26.1K Nov 8, 2021 Direct F2
transaction DORM Common Stock Options Exercise $17.8K +216 +0.83% $82.59 26.3K Nov 8, 2021 Direct
transaction DORM Common Stock Tax liability -$20.8K -183 -0.69% $113.82 26.2K Nov 8, 2021 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DORM Employee Stock Option (right to buy) Options Exercise $0 -4.74K -100% $0.00* 0 Nov 8, 2021 Common Stock 4.74K $78.64 Direct F3
transaction DORM Employee Stock Option (right to buy) Options Exercise $0 -216 -100% $0.00* 0 Nov 8, 2021 Common Stock 216 $82.59 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The amount reported includes 278.3316 shares of Dorman common stock acquired by the Reporting Person since the date of the Reporting Person's last Form 4.
F2 Represents shares withheld to cover the exercise price and withholding tax obligations of the options exercised.
F3 The option vested in four equal annual installments beginning on February 27, 2018, which was the first anniversary of the date of grant.
F4 The option vested in four equal annual installments beginning on June 8, 2018, which was the first anniversary of the date of grant.

Remarks:

The filing of this Statement shall not be construed as an admission (a) that the person filing this Statement is, for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the beneficial owner of any equity securities covered by this Statement, or (b) that this Statement is legally required to be filed by such person.