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

Role
President, CEO & Chairman, Director
Signature
/s/ Selwyn Joffe
Stock symbol
MPAA
Transactions as of
Jun 17, 2022
Transactions value $
-$519,819
Form type
4
Date filed
6/22/2022, 07:43 PM
Previous filing
Sep 3, 2021
Next filing
Jul 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MPAA Common Stock Options Exercise $0 +15.6K +5.42% $0.00 304K Jun 17, 2022 Direct
transaction MPAA Common Stock Options Exercise $0 +6.68K +2.2% $0.00 311K Jun 18, 2022 Direct
transaction MPAA Common Stock Tax liability -$520K -39.9K -12.85% $13.03 271K Jun 18, 2022 Direct F1
transaction MPAA Common Stock Options Exercise $0 +77.7K +28.71% $0.00 348K Jun 18, 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 -15.6K -5.04% $0.00 295K Jun 17, 2022 Common Stock 15.6K $0.00 Direct F2
transaction MPAA Restricted Stock Unit Options Exercise $0 -6.68K -2.27% $0.00 288K Jun 18, 2022 Common Stock 6.68K $0.00 Direct F3
transaction MPAA Performance Based Restricted Stock Options Exercise $0 -77.7K -100% $0.00* 0 Jun 18, 2022 Common Stock 77.7K $0.00 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