Steven L. Berman - Dec 13, 2021 Form 4 Insider Report for Dorman Products, Inc. (DORM)

Role
Executive Chairman, Director
Signature
/s/ Frank J. Mahr, by Power of Attorney
Stock symbol
DORM
Transactions as of
Dec 13, 2021
Transactions value $
$386,044
Form type
4
Date filed
12/14/2021, 07:28 AM
Previous filing
Dec 3, 2021
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 $386K +4.91K +0.5% $78.64 992K Dec 13, 2021 Direct
holding DORM Common Stock 54.8K Dec 13, 2021 By Charitable Remainder Trust
holding DORM Common Stock 24.9K Dec 13, 2021 By401(k) F1
holding DORM Common Stock 100K Dec 13, 2021 By trust 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 -4.91K -100% $0.00* 0 Dec 13, 2021 Common Stock 4.91K $78.64 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares are represented by units held in a unitized stock fund through the Issuer's 401(k) Retirement Plan and Trust. The unitized stock fund of the Issuer's 401(k) Retirement Plan and Trust consists of cash and common stock in amounts that vary from time to time. As of November 4, 2021, the reporting person had 16,400 units in the Issuer's 401(k) Retirement Plan and Trust, which units consisted of 24,866 shares of common stock.
F2 These shares are held in trust for the benefit of the reporting person's grandchildren. The reporting person's spouse is a co-trustee of the trust. The reporting person disclaims beneficial ownership of the shares held by such trust, and this report should not be deemed an admission that the reporting person is the beneficial owner of the trust's shares for purposes of Section 16 or for any other purpose.
F3 The option vested in four equal annual installments beginning on February 27, 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.