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

Role
VP, Sales & Marketing
Signature
/s/ Richard Mochulsky
Issuer symbol
MPAA
Transactions as of
17 Jun 2023
Net transactions value
-$6,959
Form type
4
Filing time
21 Jun 2023, 18:59:26 UTC
Previous filing
06 Jul 2022
Next filing
22 Aug 2023
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 +1,100 +13% $0.000000 9,639 17 Jun 2023 Direct
transaction MPAA Common Stock Tax liability $2,184 -327 -3.4% $6.68 9,312 17 Jun 2023 Direct F1
transaction MPAA Common Stock Options Exercise $0 +1,143 +12% $0.000000 10,455 18 Jun 2023 Direct
transaction MPAA Common Stock Tax liability $2,265 -339 -3.2% $6.68 10,116 18 Jun 2023 Direct F1
transaction MPAA Common Stock Options Exercise $0 +1,316 +13% $0.000000 11,432 20 Jun 2023 Direct
transaction MPAA Common Stock Tax liability $2,510 -391 -3.4% $6.42 11,041 20 Jun 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 -1,100 -100% $0.000000* 0 17 Jun 2023 Common Stock 1,100 $0.000000 Direct F2
transaction MPAA Restricted Stock Units Options Exercise $0 -1,143 -50% $0.000000 1,144 18 Jun 2023 Common Stock 1,143 $0.000000 Direct F3
transaction MPAA Performance Based Stock Unit Award $0 +14,518 $0.000000 14,518 19 Jun 2023 Common Stock 14,518 $0.000000 Direct F4
transaction MPAA Restricted Stock Units Options Exercise $0 -1,316 -33% $0.000000 2,632 20 Jun 2023 Common Stock 1,316 $0.000000 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