David Sung Lee - 02 Jul 2022 Form 4 Insider Report for MOTORCAR PARTS AMERICA INC (MPAA)

Role
CFO
Signature
/s/ David Lee
Issuer symbol
MPAA
Transactions as of
02 Jul 2022
Net transactions value
-$13,936
Form type
4
Filing time
06 Jul 2022, 15:10:28 UTC
Previous filing
22 Jun 2022
Next filing
12 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MPAA Common Stock Options Exercise $0 +1,985 +8.2% $0.000000 26,227 02 Jul 2022 Direct
transaction MPAA Common Stock Tax liability $13,936 -1,040 -4% $13.40 25,187 02 Jul 2022 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 -1,985 -8.9% $0.000000 20,271 02 Jul 2022 Common Stock 1,985 $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 These shares were withheld by Motorcar Parts of America, Inc. to pay the tax liability incident to the vesting of shares of restricted stock units granted on July 2, 2022.
F2 Vesting 1/3 each year for 3 years from grant date. beginning on 02-Jul-2019
F3 On the June 23, 2022 form 4 filed, the number entered in this column was inadvertently listed as 22,266 instead of the correct 22,256.