David Lee - Jun 17, 2021 Form 4 Insider Report for MOTORCAR PARTS AMERICA INC (MPAA)

Role
CFO
Signature
/s/ David Lee
Stock symbol
MPAA
Transactions as of
Jun 17, 2021
Transactions value $
-$54,434
Form type
4
Date filed
7/6/2021, 05:38 PM
Previous filing
Jun 21, 2021
Next filing
Jun 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MPAA Common Stock Tax liability -$31.6K -1.34K -6.04% $23.66 20.8K Jun 17, 2021 Direct F1
transaction MPAA Common Stock Options Exercise $0 +1.99K +9.56% $0.00 22.7K Jul 2, 2021 Direct
transaction MPAA Common Stock Tax liability -$22.8K -1.02K -4.48% $22.40 21.7K Jul 2, 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 -1.99K -11.7% $0.00 15K Jul 2, 2021 Common Stock 1.99K $0.00 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction, of shares being disposed of to pay for Income Taxes related to the vesting of Restricted Stock Units on June 17, 2021 was inadvertently left off the timely filing made on June 21, 2021.
F2 Each restricted stock unit represents a contingent right to receive one share of MPAA common stock.
F3 Vesting 1/3 each year for 3 years from grant date. beginning on 02-Jul-2019