Jamy P. Rankin - 30 Dec 2021 Form 4/A - Amendment Insider Report for MOTORCAR PARTS AMERICA INC (MPAA)

Role
Director
Signature
/s/ Jamy P. Rankin
Issuer symbol
MPAA
Transactions as of
30 Dec 2021
Net transactions value
$0
Form type
4/A - Amendment
Filing time
06 Jan 2022, 17:01:03 UTC
Date Of Original Report
04 Jan 2022
Previous filing
13 Oct 2021
Next filing
16 Nov 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 +2,167 $0.000000 2,167 30 Dec 2021 Direct F1

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 -2,167 -19% $0.000000 9,308 30 Dec 2021 Common Stock 2,167 $0.000000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As originally filed, the Form 4 showed Ms. Rankin used 711 shares of Common Stock to fulfill the income tax obligations associated with the vesting of her Restricted Stock Units. This was not correct, as she paid the income tax obligations in cash.
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 30-Dec-2020.