SEC Form 4 · accession 0001140361-17-003054
CarParts.com, Inc. · PRTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Neil T Watanabe
Officer — CHIEF FINANCIAL OFFICER
Period of report
Jan 25, 2017
Accepted (ET)
Jan 26, 2017 · 5:21 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 Options (Right to Buy)F1,F2 | $3.40 | Jan 25, 2017 | A | 50,000 | D | — | Jan 24, 2027 | Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F1Granted pursuant the U.S. Auto Parts Network, Inc. 2016 Equity Incentive 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. Watanabe's service to the Company through such dates.