SEC Form 4 · accession 0001140361-17-020853
CarParts.com, Inc. · PRTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joshua L Berman
Director
Period of report
May 11, 2017
Accepted (ET)
May 15, 2017 · 7:03 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 Stock | May 11, 2017 | A | 357 | $0.00 | A | 6,533 | 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 UnitsF2,F3,F4 | — | May 11, 2017 | A | 3,171 | A | — | — | Common Stock | 3,171 | 3,171 | D |
| Restricted Stock UnitsF2,F3,F1 | — | May 11, 2017 | M | 357 | D | — | — | Common Stock | 357 | 714 | D |
| Stock Options (Right to Buy)F2 | $3.93 | May 11, 2017 | A | 20,000 | A | May 11, 2018 | May 10, 2027 | Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1In accordance with the U.S. Auto Parts Network, Inc. 2016 Equity Incentive Plan, the reporting person was granted 1,071 restricted stock units, one third of which vested on May 11, 2017. These restricted stock units converted to common stock on a one-for-one basis upon vesting.
- F2Granted pursuant to the U.S. Auto Parts Network, Inc. 2016 Equity Incentive Plan.
- F3Not applicable.
- F4The 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.