David Sung Lee - 18 Jun 2021 Form 4 Insider Report for MOTORCAR PARTS AMERICA INC (MPAA)

Role
CFO
Signature
/s/ David Lee
Issuer symbol
MPAA
Transactions as of
18 Jun 2021
Net transactions value
-$20,845
Form type
4
Filing time
22 Jun 2021, 19:26:15 UTC
Previous filing
06 Jul 2021
Next filing
22 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MPAA Common Stock Options Exercise $0 +1,833 +8.6% $0.000000 23,035 18 Jun 2021 Direct
transaction MPAA Common Stock Tax liability $20,845 -936 -4.1% $22.27 22,099 18 Jun 2021 Direct

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 MPAA Restricted Stock Unit Options Exercise $0 -1,833 -17% $0.000000 9,203 18 Jun 2021 Common Stock 1,833 Direct F1, F2
transaction MPAA Restricted Stock Unit Award $0 +7,767 +84% $0.000000 16,970 18 Jun 2021 Common Stock 7,767 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of MPAA common stock.
F2 Vesting 1/3 each year for 3 years from grant date. beginning on 18-Jun-2018
F3 Vesting 1/3 each year for 3 years from grant date. beginning on 18-Jun-2021