Kamlesh Shah - 24 Mar 2025 Form 4 Insider Report for MOTORCAR PARTS OF AMERICA INC (MPAA)

Role
Chief Accounting Officer
Signature
/s/ Kamlesh Shah
Issuer symbol
MPAA
Transactions as of
24 Mar 2025
Net transactions value
-$37,866
Form type
4
Filing time
26 Mar 2025, 17:04:59 UTC
Previous filing
26 Nov 2024
Next filing
25 Jun 2025
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 +8,711 +47% $0.000000 27,277 24 Mar 2025 Direct F1
transaction MPAA Common Stock Tax liability $37,866 -3,579 -13% $10.58 23,698 24 Mar 2025 Direct

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 Performance Based Stock Unit Options Exercise $0 -8,711 -33% $0.000000 17,421 24 Mar 2025 Common Stock 8,711 $0.000000 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares earned under the performance based units granted on June 19, 2023.
F2 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.