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

Role: CFO and COO
Signature: /s/ David Meniane
Issuer symbol: PRTS
Transactions as of: 18 Mar 2022
Net transactions value: +$411,722
Form type: 4
Filing time: 21 Mar 2022, 09:14:56 UTC
Previous filing: 14 Mar 2022
Next filing: 29 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	Options Exercise	$240,000	+240,000	+28%	$1.00^*	1,082,946	18 Mar 2022	Direct
transaction	PRTS	Common Stock	Options Exercise	$171,722	+81,001	+7.5%	$2.12	1,163,947	18 Mar 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	-240,000	-66%	$0.000000	125,000	18 Mar 2022	Common Stock	125,000	$1.00	Direct	F1
transaction	PRTS	Stock Options (Right to Buy)	Options Exercise	$0	-81,001	-54%	$0.000000	68,540	18 Mar 2022	Common Stock	81,001	$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.