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

Role
President and CEO, Director
Signature
/s/ Frank J. Mahr, by Power of Attorney
Stock symbol
DORM
Transactions as of
Jan 31, 2023
Transactions value $
-$45,047
Form type
4
Date filed
2/2/2023, 11:27 AM
Previous filing
Nov 1, 2022
Next filing
Feb 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DORM Common Stock Options Exercise $284K +3.91K +11.72% $72.55 37.2K Jan 31, 2023 Direct F1
transaction DORM Common Stock Tax liability -$329K -3.39K -9.09% $97.06 33.9K Jan 31, 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 -3.91K -74.37% $0.00 1.35K Jan 31, 2023 Common Stock 3.91K $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.