Kevin M. Olsen - 31 Jan 2023 Form 4 Insider Report for Dorman Products, Inc. (DORM)

Role
President and CEO, Director
Signature
/s/ Frank J. Mahr, by Power of Attorney
Issuer symbol
DORM
Transactions as of
31 Jan 2023
Net transactions value
-$45,047
Form type
4
Filing time
02 Feb 2023, 11:27:14 UTC
Previous filing
01 Nov 2022
Next filing
06 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DORM Common Stock Options Exercise $283,598 +3,909 +12% $72.55 37,249 31 Jan 2023 Direct F1
transaction DORM Common Stock Tax liability $328,645 -3,386 -9.1% $97.06 33,863 31 Jan 2023 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 -3,909 -74% $0.000000 1,347 31 Jan 2023 Common Stock 3,909 $72.55 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The amount reported includes 224.1146 shares of Dorman common stock acquired by the Reporting Person under Dorman's employee stock purchase plan 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, representing a right to purchase a total of 5,256 shares, vested in four equal annual installments beginning on March 7, 2019, 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.