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

Role
Chief Technology Officer
Signature
/s/ Kals Subramanian
Stock symbol
PRTS
Transactions as of
Apr 18, 2024
Transactions value $
-$6,269
Form type
4
Date filed
4/22/2024, 04:28 PM
Previous filing
Feb 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRTS Common Stock Options Exercise $0 +16.8K +37.13% $0.00 62K Apr 18, 2024 Direct F1
transaction PRTS Common Stock Tax liability -$6.27K -4.86K -7.84% $1.29 57.1K Apr 19, 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 -16.8K -50% $0.00 16.8K Apr 18, 2024 Common Stock 16.8K 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.