SEC Form 4 · accession 0001209191-18-060504
Dorman Products, Inc. · DORM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mathias J Barton
Officer — CEO · Director
Period of report
Nov 29, 2018
Accepted (ET)
Dec 3, 2018 · 11:37 am 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 Stock | Nov 27, 2018 | G | 7,500 | $0.00 | D | 82,931 | D | |
| Common Stock | Nov 29, 2018 | M | 8,135 | $41.59 | A | 91,066 | D | |
| Common Stock | Nov 29, 2018 | F | 1,581 | $87.48 | D | 89,485 | D | |
| Common Stock | Nov 29, 2018 | M | 2,978 | $78.64 | A | 92,463 | D | |
| Common Stock | Nov 29, 2018 | F | 2,677 | $87.48 | D | 89,786 | D | |
| Common StockF2 | Nov 29, 2018 | S | 14,886 | $87.777 | D | 74,900 | D | |
| Common StockF3 | Nov 29, 2018 | S | 6,485 | $88.899 | D | 68,415 | D | |
| Common StockF4 | Nov 29, 2018 | S | 1,500 | $89.367 | D | 66,915 | D | |
| Common StockF5 | Nov 30, 2018 | S | 12,541 | $87.283 | D | 54,374 | D | |
| Common StockF6 | Nov 30, 2018 | S | 3,459 | $87.997 | D | 50,915 | D | |
| Common Stock | holding | — | — | — | 600 | I | By Trust | |
| Common StockF7 | holding | — | — | — | 1,989 | I | By 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F8 | $41.59 | Nov 29, 2018 | M | 8,135 | D | — | Feb 12, 2021 | Common Stock | 8,135 | 8,134 | D |
| Employee Stock Option (right to buy)F9 | $78.64 | Nov 29, 2018 | M | 2,978 | D | — | Feb 27, 2022 | Common Stock | 2,978 | 8,934 | D |
Explanation of responses
- F1This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 26, 2018.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.24 to $88.22. 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.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.26 to $89.215. 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.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.28 to $89.49. 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.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.71 to $87.70. 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.
- F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.73 to $88.34. 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.
- F7The shares are represented by units held in a unitized stock fund through the Issuer's 401(k) Retirement Plan and Trust. The unitized stock fund of the Issuer's 401(k) Retirement Plan and Trust consists of cash and Common Stock in amounts that vary from time to time. As of November 30, 2018 the reporting person had 1,302 units in the Issuer's 401(k) Retirement Plan and Trust, which units consisted of 1,989 shares of Common Stock.
- F8The option vests in four equal annual installments beginning on February 12, 2017, which was the first anniversary of the date of grant.
- F9The option vests in four equal annual installments beginning on February 27, 2018, which was 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.