Juliet Lynn Stone - 17 Jun 2023 Form 4 Insider Report for MOTORCAR PARTS OF AMERICA INC (MPAA)

Role
VP, Gen Counsel and Secretary
Signature
/s/ Juliet Lynn Stone
Issuer symbol
MPAA
Transactions as of
17 Jun 2023
Net transactions value
-$13,474
Form type
4
Filing time
21 Jun 2023, 19:09:43 UTC
Previous filing
22 Jun 2022
Next filing
21 Jun 2024
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 +49% $0.000000 3,365 17 Jun 2023 Direct
transaction MPAA Common Stock Tax liability $2,999 -449 -13% $6.68 2,916 17 Jun 2023 Direct F1
transaction MPAA Common Stock Options Exercise $0 +1,365 +47% $0.000000 4,281 18 Jun 2023 Direct
transaction MPAA Common Stock Tax liability $3,721 -557 -13% $6.68 3,724 18 Jun 2023 Direct F1
transaction MPAA Common Stock Options Exercise $0 +2,579 +69% $0.000000 6,303 20 Jun 2023 Direct
transaction MPAA Common Stock Tax liability $6,754 -1,052 -17% $6.42 5,251 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 -1,365 -50% $0.000000 1,366 18 Jun 2023 Common Stock 1,365 $0.000000 Direct F3
transaction MPAA Performance Based Stock Unit Award $0 +34,843 $0.000000 34,843 19 Jun 2023 Common Stock 34,843 $0.000000 Direct F4
transaction MPAA Restricted Stock Units Options Exercise $0 -2,579 -33% $0.000000 5,159 20 Jun 2023 Common Stock 2,579 $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