SEC Form 4 · accession 0001140361-17-010902
CarParts.com, Inc. · PRTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shane N Evangelist
Officer — Chief Executive Officer · Director
Period of report
Mar 3, 2017
Accepted (ET)
Mar 7, 2017 · 4:45 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001378950
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 3, 2017 | A | 131,742 | $0.00 | A | 651,723 | D | |
| Common Stock | Mar 3, 2017 | F | 56,572 | $3.35 | D | 595,151 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1In accordance with the Stock Unit Award Agreement dated January 21, 2016, the reporting person was granted 131,742 performance-based restricted stock units which vested 100% on March 3, 2017, the date the Compensation Committee determined that the performance metrics were met. These restricted stock units converted to common stock on a one-for-one basis upon vesting.
- F2Pursuant to the Stock Unit Award Agreement dated January 21, 2016, the Issuer elected to cancel and not issue vested shares to satisfy tax withholding obligations of the reporting person.