Joffe Selwyn - 17 Jun 2022 Form 4 Insider Report for MOTORCAR PARTS AMERICA INC (MPAA)

Role
President, CEO & Chairman, Director
Signature
/s/ Selwyn Joffe
Issuer symbol
MPAA
Transactions as of
17 Jun 2022
Net transactions value
-$519,819
Form type
4
Filing time
22 Jun 2022, 19:43:53 UTC
Previous filing
03 Sep 2021
Next filing
06 Jul 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 +15,635 +5.4% $0.000000 303,841 17 Jun 2022 Direct
transaction MPAA Common Stock Options Exercise $0 +6,683 +2.2% $0.000000 310,524 18 Jun 2022 Direct
transaction MPAA Common Stock Tax liability $519,819 -39,894 -13% $13.03 270,630 18 Jun 2022 Direct F1
transaction MPAA Common Stock Options Exercise $0 +77,689 +29% $0.000000 348,319 18 Jun 2022 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 -15,635 -5% $0.000000 294,889 17 Jun 2022 Common Stock 15,635 $0.000000 Direct F2
transaction MPAA Restricted Stock Unit Options Exercise $0 -6,683 -2.3% $0.000000 288,206 18 Jun 2022 Common Stock 6,683 $0.000000 Direct F3
transaction MPAA Performance Based Restricted Stock Options Exercise $0 -77,689 -100% $0.000000* 0 18 Jun 2022 Common Stock 77,689 $0.000000 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Used to pay taxes upon vesting of Performance Based Restricted Stock.
F2 Vesting 1/3 each year for 3 years from grant date. beginning on 17-Jun-2020
F3 Vesting 1/3 each year for 3 years from grant date. beginning on 18-Jun-2021