SEC Form 4 · accession 0001140361-17-020852
CarParts.com, Inc. · PRTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert J Majteles
Director
Period of report
May 11, 2017
Accepted (ET)
May 15, 2017 · 7:01 pm EDT
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 StockF2 | May 11, 2017 | A | 1,404 | $0.00 | A | 127,125 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4,F5 | — | May 11, 2017 | A | 9,302 | A | — | — | Common Stock | 9,302 | 9,302 | D |
| Restricted Stock UnitsF3,F4,F1 | — | May 11, 2017 | M | 1,404 | D | — | — | Common Stock | 1,404 | 2,807 | D |
| Stock Options (Right to Buy)F3 | $3.93 | May 11, 2017 | A | 40,000 | A | May 11, 2018 | May 10, 2027 | Common Stock | 40,000 | 40,000 | D |
Explanation of responses
- F1In accordance with the U.S. Auto Parts Network, Inc. 2016 Equity Incentive Plan, the reporting person was granted 4,211 restricted stock units, one third of which vested on May 11, 2017. These retricted stock units converted to common stock on a one-for-one basis upon vesting.
- F2Includes shares of common stock issued as dividends on the Company's preferred stock.
- F3Granted pursuant to the U.S. Auto Parts Network, Inc. 2016 Equity Incentive Plan.
- F4Not applicable.
- F5The Restricted Stock Units shall vest in three equal installments at each of the Company's next three annual stockholder's meetings, subject to the director's continued service through such dates.