Steven L. Berman - Mar 6, 2022 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
Mar 6, 2022
Transactions value $
-$60,035
Form type
4
Date filed
3/8/2022, 08:31 AM
Previous filing
Mar 4, 2022
Next filing
Jan 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DORM Common Stock Award $0 +1.24K +0.12% $0.00 994K Mar 6, 2022 Direct F1
transaction DORM Common Stock Tax liability -$60K -622 -0.06% $96.52 993K Mar 6, 2022 Direct F2
holding DORM Common Stock 54.8K Mar 6, 2022 By Charitable Remainder Trust
holding DORM Common Stock 24.9K Mar 6, 2022 By 401(k) F3
holding DORM Common Stock 100K Mar 6, 2022 By trust F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the settlement of performance-based restricted stock granted in fiscal 2019 for the 2019-2021 performance cycle.
F2 These shares were withheld by the Issuer upon the vesting of multiple restricted stock awards 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.
F3 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 16,394 units in the Issuer's 401(k) Retirement Plan and Trust, which units consisted of 24,904 shares of common stock.
F4 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.

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.