SEC Form 4 · accession 0001140361-16-048611
CarParts.com, Inc. · PRTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Aaron Coleman
Officer — Chief Operating Officer
Period of report
Jan 21, 2016
Accepted (ET)
Jan 25, 2016 · 7:14 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001378950
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1,F2 | $2.64 | Jan 21, 2016 | A | 50,000 | D | — | Jan 21, 2026 | Common Stock | 50,000 | 50,000 | D |
| Restricted Stock UnitsF1,F3,F4 | — | Jan 21, 2016 | A | 187,266 | D | — | — | Common Stock | 187,266 | 221,525 | D |
Explanation of responses
- F1Granted pursuant to the U.S. Auto Parts Network, Inc. 2007 Omnibus Plan.
- F2Twenty-five percent of the shares of stock subject to the option vest on the first anniversary of the grant date, and the remainder vest in equal monthly installments thereafter over the subsequent three years, subject to Mr. Coleman's service to the Company through such dates.
- F3The Restricted Stock Units shall become 100% vested on January 21, 2018, subject to Mr. Coleman's service to the Company through such date.
- F4Not applicable.