Alfredo Gomez - Mar 10, 2022 Form 4 Insider Report for CarParts.com, Inc. (PRTS)

Signature
/s/ Alfredo Gomez
Stock symbol
PRTS
Transactions as of
Mar 10, 2022
Transactions value $
-$1,970
Form type
4
Date filed
3/14/2022, 06:28 PM
Previous filing
Feb 28, 2022
Next filing
Mar 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRTS Common Stock Sale -$2.72K -374 -0.07% $7.27 516K Mar 10, 2022 Direct F1, F2
transaction PRTS Common Stock Award $749 +106 +0.02% $7.07 516K Mar 11, 2022 Direct F2, F3
holding PRTS Common Stock 8.74K Mar 10, 2022 By Son's IRA
holding PRTS Common Stock 66.6K Mar 10, 2022 By IRA
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock sold by the Reporting Person to satisfy certain tax withholding obligations associated with the quarterly vesting of restricted stock units. These restricted stock units were previously reported as shares acquired in the Form 4 filed on March 11, 2021 because the performance criteria was satisfied at that time.
F2 Certain of these shares are subject to a restricted stock award, pursuant to which such shares will vest in quarterly installments through March 9, 2023 in accordance with the applicable vesting schedule, provided that the Reporting Person remains an employee of the Company through each vesting date.
F3 Shares were purchased under the Company's Officer and Director Share Purchase Plan in a transaction exempt from Section 16(b) pursuant to Rule 16b-3(d).