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

Role
VP, General Counsel
Signature
/s/ Alfredo Gomez
Issuer symbol
PRTS
Transactions as of
10 Mar 2022
Net transactions value
-$1,970
Form type
4
Filing time
14 Mar 2022, 18:28:51 UTC
Previous filing
28 Feb 2022
Next filing
22 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRTS Common Stock Sale $2,719 -374 -0.07% $7.27 516,159 10 Mar 2022 Direct F1, F2
transaction PRTS Common Stock Award $749 +106 +0.02% $7.07 516,265 11 Mar 2022 Direct F2, F3
holding PRTS Common Stock 8,744 10 Mar 2022 By Son's IRA
holding PRTS Common Stock 66,611 10 Mar 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).