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

Role
VP, Gen Counsel and Secretary
Signature
/s/ Juliet Lynn Stone
Stock symbol
MPAA
Transactions as of
Jun 17, 2023
Transactions value $
-$13,474
Form type
4
Date filed
6/21/2023, 07:09 PM
Previous filing
Jun 22, 2022
Next filing
Jun 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MPAA Common Stock Options Exercise $0 +1.1K +48.57% $0.00 3.37K Jun 17, 2023 Direct
transaction MPAA Common Stock Tax liability -$3K -449 -13.34% $6.68 2.92K Jun 17, 2023 Direct F1
transaction MPAA Common Stock Options Exercise $0 +1.37K +46.81% $0.00 4.28K Jun 18, 2023 Direct
transaction MPAA Common Stock Tax liability -$3.72K -557 -13.01% $6.68 3.72K Jun 18, 2023 Direct F1
transaction MPAA Common Stock Options Exercise $0 +2.58K +69.25% $0.00 6.3K Jun 20, 2023 Direct
transaction MPAA Common Stock Tax liability -$6.75K -1.05K -16.69% $6.42 5.25K 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 -1.37K -49.98% $0.00 1.37K Jun 18, 2023 Common Stock 1.37K $0.00 Direct F3
transaction MPAA Performance Based Stock Unit Award $0 +34.8K $0.00 34.8K Jun 19, 2023 Common Stock 34.8K $0.00 Direct F4
transaction MPAA Restricted Stock Units Options Exercise $0 -2.58K -33.33% $0.00 5.16K Jun 20, 2023 Common Stock 2.58K $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