Richard Mochulsky - Jun 17, 2023 Form 4 Insider Report for MOTORCAR PARTS OF AMERICA INC (MPAA)

Role
VP, Sales & Marketing
Signature
/s/ Richard Mochulsky
Stock symbol
MPAA
Transactions as of
Jun 17, 2023
Transactions value $
-$6,959
Form type
4
Date filed
6/21/2023, 06:59 PM
Previous filing
Jul 6, 2022
Next filing
Aug 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MPAA Common Stock Options Exercise $0 +1.1K +12.88% $0.00 9.64K Jun 17, 2023 Direct
transaction MPAA Common Stock Tax liability -$2.18K -327 -3.39% $6.68 9.31K Jun 17, 2023 Direct F1
transaction MPAA Common Stock Options Exercise $0 +1.14K +12.27% $0.00 10.5K Jun 18, 2023 Direct
transaction MPAA Common Stock Tax liability -$2.26K -339 -3.24% $6.68 10.1K Jun 18, 2023 Direct F1
transaction MPAA Common Stock Options Exercise $0 +1.32K +13.01% $0.00 11.4K Jun 20, 2023 Direct
transaction MPAA Common Stock Tax liability -$2.51K -391 -3.42% $6.42 11K Jun 20, 2023 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 Units Options Exercise $0 -1.1K -100% $0.00* 0 Jun 17, 2023 Common Stock 1.1K $0.00 Direct F2
transaction MPAA Restricted Stock Units Options Exercise $0 -1.14K -49.98% $0.00 1.14K Jun 18, 2023 Common Stock 1.14K $0.00 Direct F3
transaction MPAA Performance Based Stock Unit Award $0 +14.5K $0.00 14.5K Jun 19, 2023 Common Stock 14.5K $0.00 Direct F4
transaction MPAA Restricted Stock Units Options Exercise $0 -1.32K -33.33% $0.00 2.63K Jun 20, 2023 Common Stock 1.32K $0.00 Direct F5
* 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 RSUs.
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
F4 These Performance Based Stock Units will vest 1/3 when the Company Common Stock price reaches $10/share for at least 30 days, another 1/3 will vest when the Company Common Stock price reaches $15 for at least 30 days, the last 1/3 of the grant will vest when the Company Stock price reaches $20/share for at least 30 days. The last 1/3 may vest at 50%-100% if the Common Stock price reaches between $17.50 - $20 for at least 30 days, and may vest at 100%- 150% if the Common Stock price reaches between $20-$25 for at least 30 days.
F5 Vesting 1/3 each year for 3 years from grant date. beginning on 20-Jun-2022