David Meniane - 16 Jan 2024 Form 4 Insider Report for CarParts.com, Inc. (PRTS)

Signature
/s/ David Meniane
Issuer symbol
PRTS
Transactions as of
16 Jan 2024
Net transactions value
-$12,895
Form type
4
Filing time
17 Jan 2024, 18:17:18 UTC
Previous filing
12 Jan 2024
Next filing
08 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRTS Common Stock Options Exercise $0 +10,283 +0.74% $0.000000 1,406,732 16 Jan 2024 Direct F1
transaction PRTS Common Stock Tax liability $12,895 -4,214 -0.3% $3.06 1,402,518 16 Jan 2024 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 PRTS Restricted Stock Units Options Exercise $0 -10,283 -100% $0.000000* 0 16 Jan 2024 Common Stock 10,283 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Restricted Stock Units (RSU) were granted to the Reporting Person on January 13, 2021 under the CarParts.com, Inc. 2016 Equity Incentive Plan. Thirty-three and a third percent of the shares of stock subject to the RSU vested on January 16, 2024 (next business day after anniversary date), which was the third and final anniversary of the grant date.
F2 Represents shares of common stock that have been withheld by the Company to satisfy tax withholding obligations in connection with the net settlement of vested Restricted Stock Units.
F3 Not applicable.