Ryan Lockwood - 16 Jan 2025 Form 4 Insider Report for CarParts.com, Inc. (PRTS)

Role: Chief Financial Officer
Signature: /s/ Ryan Lockwood
Issuer symbol: PRTS
Transactions as of: 16 Jan 2025
Net transactions value: -$57,891
Form type: 4
Filing time: 17 Jan 2025, 16:23:29 UTC
Previous filing: 06 Jan 2025
Next filing: 07 Feb 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PRTS	Common Stock	Options Exercise	$0	+31,759	+39%	$0.000000	112,757	16 Jan 2025	Direct	F1
transaction	PRTS	Common Stock	Tax liability	$17,222	-13,047	-12%	$1.32	99,710	17 Jan 2025	Direct	F2
transaction	PRTS	Common Stock	Options Exercise	$0	+75,000	+75%	$0.000000	174,710	16 Jan 2025	Direct	F3
transaction	PRTS	Common Stock	Tax liability	$40,669	-30,810	-18%	$1.32	143,900	17 Jan 2025	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	-31,759	-33%	$0.000000	63,519	16 Jan 2025	Common Stock	31,759		Direct	F1, F4
transaction	PRTS	Restricted Stock Units	Options Exercise	$0	-75,000	-50%	$0.000000	75,000	16 Jan 2025	Common Stock	75,000		Direct	F3, F4

* 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 16, 2024 pursuant to 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, 2025, the first anniversary of the grant date, and the remainder of the shares subject to the RSU will 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	The Restricted Stock Units (RSU) were granted to the Reporting Person on January 16, 2024 pursuant to the CarParts.com, Inc. 2016 Equity Incentive Plan. Fifty percent of the shares of stock subject to the RSU vested on January 16, 2025, the first anniversary of the grant date, and the remainder of the shares subject to the RSU will vest in equal installments each quarter thereafter through the second anniversary of the grant date, subject to such Reporting Person's service to the Company through such dates.
F4	Not applicable.