Douglas Earl Schooner - 18 Jun 2021 Form 4 Insider Report for MOTORCAR PARTS AMERICA INC (MPAA)

Role
Chief Manufacturing Officer
Signature
/s/ Douglas Schooner
Issuer symbol
MPAA
Transactions as of
18 Jun 2021
Net transactions value
-$5,011
Form type
4
Filing time
22 Jun 2021, 20:21:55 UTC
Previous filing
21 Jun 2021
Next filing
06 Jul 2021
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 +667 +6% $0.000000 11,877 18 Jun 2021 Direct
transaction MPAA Common Stock Tax liability $5,011 -225 -1.9% $22.27 11,652 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 -667 -15% $0.000000 3,867 18 Jun 2021 Common Stock 667 Direct F1, F2
transaction MPAA Restricted Stock Unit Award $0 +4,244 +110% $0.000000 8,111 18 Jun 2021 Common Stock 4,244 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