Joseph P. Braun - Mar 2, 2022 Form 4 Insider Report for Dorman Products, Inc. (DORM)

Role
SVP and General Counsel
Signature
/s/ Frank J. Mahr, by Power of Attorney
Stock symbol
DORM
Transactions as of
Mar 2, 2022
Transactions value $
-$25,824
Form type
4
Date filed
3/4/2022, 02:24 PM
Previous filing
May 11, 2021
Next filing
May 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DORM Common Stock Tax liability -$25.8K -268 -5.26% $96.36 4.82K Mar 2, 2022 Direct F1, F2
transaction DORM Common Stock Award $0 +830 +17.2% $0.00 5.65K Mar 2, 2022 Direct F3
transaction DORM Common Stock Award $0 +2.59K +45.87% $0.00 8.25K Mar 2, 2022 Direct F4

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) Award $0 +2.47K $0.00 2.47K Mar 2, 2022 Common Stock 2.47K $96.36 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were withheld by the Issuer upon the vesting of restricted stock units to satisfy the Reporting Person's tax withholding obligations. Such withholding is treated as a disposition of securities under Section 16 of the Securities Exchange Act of 1934, as amended.
F2 The amount shown includes an additional 19.7882 shares of Dorman common stock that have been acquired by the Reporting Person under Dorman's employee stock purchase plan since the Reporting Person's last Form 4 filing.
F3 Grant of restricted stock units representing a contingent right to receive shares of Dorman common stock. The restricted stock units will vest in four equal annual installments beginning on March 2, 2023, which is the first anniversary of the date of grant.
F4 Grant of restricted stock units representing a contingent right to receive shares of Dorman common stock. The restricted stock units will vest in full on March 2, 2025, the third anniversary of the date of grant.
F5 The option vests in four equal annual installments beginning on March 2, 2023, which is 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 securities covered by this Statement, or (b) that this Statement is legally required to be filed by such person.