SEC Form 4 · accession 0001140361-18-011370
CarParts.com, Inc. · PRTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roger Hoffmann
Officer — Chief Technology Officer
Period of report
Mar 1, 2018
Accepted (ET)
Mar 1, 2018 · 6:15 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 1, 2018 | A | 7,332 | $0.00 | A | 7,332 | D | |
| Common Stock | Mar 1, 2018 | F | 2,997 | $2.02 | D | 4,335 | 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,F1,F4 | — | Mar 1, 2018 | C | 7,332 | D | — | — | Common Stock | 7,332 | 0 | D |
Explanation of responses
- F1In accordance with the Stock Unit Award Agreement dated February 29, 2016, the reporting person was granted 7,332 restricted stock units which vested 100% on March 1, 2018. These restricted stock units converted to common stock on a one-for-one basis upon vesting.
- F2Pursuant to the Stock Unit Award Agreement dated February 29, 2016, the issuer elected to cancel and not issue vested shares to satisfy tax withholding obligations of the reporting person.
- F3Granted pursuant to the U.S. Auto Parts Network, Inc. 2007 Omnibus Plan.
- F4Not applicable.