David Meniane - Feb 6, 2024 Form 4 Insider Report for CarParts.com, Inc. (PRTS)

Role
Chief Executive Officer, Director
Signature
/s/ David Meniane
Stock symbol
PRTS
Transactions as of
Feb 6, 2024
Transactions value $
-$71,234
Form type
4
Date filed
2/8/2024, 04:15 PM
Previous filing
Jan 18, 2024
Next filing
Apr 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRTS Common Stock Options Exercise $0 +72.7K +5.18% $0.00 1.48M Feb 6, 2024 Direct F1
transaction PRTS Common Stock Tax liability -$71.2K -26.6K -1.8% $2.68 1.45M Feb 6, 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 -72.7K -33.33% $0.00 145K Feb 6, 2024 Common Stock 72.7K 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 February 6, 2023 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 February 6, 2024, the first anniversary of the grant date, and the remainder of the shares subject to the RSU vest in equal installments on each of the next two anniversaries of the grant date, subject to such Reporting Person's service to the Company through such dates.
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.