Michael Kealey - 02 Mar 2022 Form 4 Insider Report for Dorman Products, Inc. (DORM)

Reporting relationship: EVP, Commercial
Issuer ticker: DORM
Reported as of: 02 Mar 2022
Net transaction value: -$33,919
SEC form: 4
Accepted by SEC: 04 Mar 2022, 14:31:08 UTC
Prior SEC filing: 14 Dec 2021
Next SEC filing: 08 Mar 2022
Source filing: View source filing
Reporting owner signature: /s/ Frank J. Mahr, by Power of Attorney

Key filing fact

Michael Kealey filed Form 4 for Dorman Products, Inc. (DORM) on 04 Mar 2022.

Key facts

This page summarizes Michael Kealey's Form 4 filing for Dorman Products, Inc. (DORM).
4 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 04 Mar 2022, 14:31.

Change

Previous filing in this sequence was filed on 14 Dec 2021.
Current net transaction value: -$33,919.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

DORM transaction

Common Stock

Tax liability

Transaction value: $33,919
Shares: -352
Change %: -1.9%
Price: $96.36
Shares after: 17,894
Date: 02 Mar 2022
Ownership: Direct
Footnotes: F1

DORM transaction

Common Stock

Award

Transaction value: $0
Shares: +972
Change %: +5.4%
Price: $0.000000
Shares after: 18,866
Date: 02 Mar 2022
Ownership: Direct
Footnotes: F2

DORM transaction

Common Stock

Award

Transaction value: $0
Shares: +2,594
Change %: +14%
Price: $0.000000
Shares after: 21,460
Date: 02 Mar 2022
Ownership: Direct
Footnotes: F3

DORM holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 361
Date: 02 Mar 2022
Ownership: By 401(k)
Footnotes: F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

DORM transaction Derivative

Employee Stock Option (right to buy)

Award

Transaction value: $0
Shares: +2,897
Change %
Price: $0.000000
Shares after: 2,897
Date: 02 Mar 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,897
Exercise price: $96.36
Footnotes: F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote 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.

Footnote F2

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.

Footnote F3

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.

Footnote F4

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 March 2, 2022, the Reporting Person had 238 units in the Issuer's 401(k) Retirement Plan and Trust, which units consisted of 361 shares of common stock.

Footnote F5

The option vests in four equal annual installments beginning on March 2, 2023, which is the first anniversary of the date of grant.

SEC 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.