Steven L. Berman - Mar 2, 2024 Form 4 Insider Report for Dorman Products, Inc. (DORM)

Role
Director
Signature
/s/ Frank J. Mahr, by Power of Attorney
Stock symbol
DORM
Transactions as of
Mar 2, 2024
Transactions value $
-$25,169
Form type
4
Date filed
3/5/2024, 07:32 PM
Previous filing
Dec 4, 2023
Next filing
Sep 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DORM Common Stock Tax liability -$25.2K -270 -0.03% $93.22 964K Mar 2, 2024 Direct F1
holding DORM Common Stock 100K Mar 2, 2024 By trust F2
holding DORM Common Stock 45.8K Mar 2, 2024 By Charitable Remainder Trust
holding DORM Common Stock 25.4K Mar 2, 2024 By 401(k) F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were withheld by the Issuer upon the vesting of restricted stock units to satisfy the Reporting Person's tax withholding obligations. Such withholding is treated as a disposition of securities under Section 16 of the Securities Exchange Act of 1934, as amended.
F2 These shares are held in trust for the benefit of the reporting person's grandchildren. The reporting person's spouse is a co-trustee of the trust. The reporting person disclaims beneficial ownership of the shares held by such trust, and this report should not be deemed an admission that the reporting person is the beneficial owner of the trust's shares for purposes of Section 16 or for any other purpose.
F3 The shares are represented by units held in a unitized stock fund through the Issuer's 401(k) Retirement Plan and Trust. The unitized stock fund of the Issuer's 401(k) Retirement Plan and Trust consists of cash and common stock in amounts that vary from time to time. As of March 1, 2024, the reporting person had 16,355 units in the Issuer's 401(k) Retirement Plan and Trust, which units consisted of 25,412 shares of common stock. The number of units held by the reporting person in the Issuer's 401(k) Retirement Plan and Trust has decreased due to fees withheld by the plan administrator.

Remarks:

The filing of this Statement shall not be construed as an admission (a) that the person filing this Statement is, for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the beneficial owner of any equity securities covered by this Statement, or (b) that this Statement is legally required to be filed by such person.