David Meniane - Mar 18, 2022 Form 4 Insider Report for CarParts.com, Inc. (PRTS)

Role: CFO and COO
Signature: /s/ David Meniane
Stock symbol: PRTS
Transactions as of: Mar 18, 2022
Transactions value $: $411,722
Form type: 4
Date filed: 3/21/2022, 09:14 AM
Previous filing: Mar 14, 2022
Next filing: Mar 29, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PRTS	Common Stock	Options Exercise	$240K	+240K	+28.47%	$1.00^*	1.08M	Mar 18, 2022	Direct
transaction	PRTS	Common Stock	Options Exercise	$172K	+81K	+7.48%	$2.12	1.16M	Mar 18, 2022	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	PRTS	Stock Options (Right to Buy)	Options Exercise	$0	-240K	-65.75%	$0.00	125K	Mar 18, 2022	Common Stock	125K	$1.00	Direct	F1
transaction	PRTS	Stock Options (Right to Buy)	Options Exercise	$0	-81K	-54.17%	$0.00	68.5K	Mar 18, 2022	Common Stock	81K	$2.12	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The stock option was granted to the Reporting Person on March 15, 2019 under the CarParts.com, Inc. 2016 Equity Incentive Plan. Twenty-five percent of the shares of stock subject to the option vested on the first anniversary of the grant date, and the remainder of the shares subject to the option vest in equal monthly installments thereafter over three years, subject to such Reporting Person's service to the Company through such dates.
F2	The stock option was granted to the Reporting Person on December 30, 2019 under the CarParts.com, Inc. 2016 Equity Incentive Plan. Twenty-five percent of the shares of stock subject to the option vested on the first anniversary of the grant date, and the remainder of the shares subject to the option vest in equal monthly installments thereafter over three years, subject to such Reporting Person's service to the Company through such dates.

Content

The stock option was granted to the Reporting Person on March 15, 2019 under the CarParts.com, Inc. 2016 Equity Incentive Plan. Twenty-five percent of the shares of stock subject to the option vested on the first anniversary of the grant date, and the remainder of the shares subject to the option vest in equal monthly installments thereafter over three years, subject to such Reporting Person's service to the Company through such dates.

The stock option was granted to the Reporting Person on December 30, 2019 under the CarParts.com, Inc. 2016 Equity Incentive Plan. Twenty-five percent of the shares of stock subject to the option vested on the first anniversary of the grant date, and the remainder of the shares subject to the option vest in equal monthly installments thereafter over three years, subject to such Reporting Person's service to the Company through such dates.