SEC Form 4 · accession 0001209191-18-018415
Dorman Products, Inc. · DORM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffery Darby
Officer — SVP, Sales and Marketing
Period of report
Mar 7, 2018
Accepted (ET)
Mar 9, 2018 · 1:16 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000868780
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 7, 2018 | S | 1,100 | $72.7664 | D | 13,488 | D | |
| Common Stock | Mar 7, 2018 | A | 861 | $0.00 | A | 14,349 | D | |
| Common StockF2 | Mar 7, 2018 | F | 243 | $72.55 | D | 14,106 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF3 | $72.55 | Mar 7, 2018 | A | 3,772 | A | — | Mar 7, 2023 | Common Stock | 3,772 | 3,772 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.75 to $72.82. The reporting person undertakes to provide to Dorman Products, Inc., any security holder of Dorman Products, Inc. or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2These shares were withheld by the Issuer to satisfy Mr. Darby's tax withholding obligations. Such withholding is treated as a disposition of securities under Section 16 of the Securities Exchange Act of 1934, as amended.
- F3The option vests in four equal annual installments beginning on March 7, 2019, which is the first anniversary of the date of grant.
Remarks
The filing of this Statement shall not be construed as an admission (a) that the person filing this Statement is, for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the beneficial owner of any equity securities covered by this Statement, or (b) that this Statement is legally required to be filed by such person.