Ryan Lockwood - 18 Apr 2024 Form 4 Insider Report for CarParts.com, Inc. (PRTS)

Signature
/s/ Ryan Lockwood
Issuer symbol
PRTS
Transactions as of
18 Apr 2024
Net transactions value
-$14,550
Form type
4
Filing time
22 Apr 2024, 16:24:37 UTC
Previous filing
08 Feb 2024
Next filing
14 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRTS Common Stock Options Exercise $0 +22,254 +32% $0.000000 91,109 18 Apr 2024 Direct F1
transaction PRTS Common Stock Tax liability $14,550 -11,279 -12% $1.29 79,830 19 Apr 2024 Direct F2
holding PRTS Common Stock 29,283 18 Apr 2024 By IRA
holding PRTS Common Stock 1,000 18 Apr 2024 As Custodian for Son under UTMA

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 -22,254 -50% $0.000000 22,254 18 Apr 2024 Common Stock 22,254 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 April 18, 2022 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 April 18, 2024, the second anniversary of the grant date, and the remainder of the shares subject to the RSU will vest on the next, and last, anniversary of the grant date, subject to such Reporting Person's service to the Company through such 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.