SEC Form 4 · accession 0001140361-15-025513
MOTORCAR PARTS OF AMERICA INC · MPAA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven Kratz
Officer — Chief Operating Officer
Period of report
Jun 23, 2015
Accepted (ET)
Jun 26, 2015 · 1:23 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000918251
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 23, 2015 | M | 10,000 | $6.46 | A | 19,267 | D | |
| Common StockF1 | Jun 24, 2015 | S | 8,041 | $31.567 | D | 11,226 | D | |
| Common StockF2 | Jun 25, 2015 | S | 1,750 | $31.522 | D | 9,476 | D | |
| Common StockF3 | Jun 26, 2015 | S | 209 | $31.524 | D | 9,267 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF4 | $6.46 | Jun 23, 2015 | M | 10,000 | A | Dec 28, 2012 | Dec 27, 2022 | Common Stock | 36,900 | 21,900 | D |
Explanation of responses
- F1The price reported in column 4 of Table I is a weighted average price. These shares were sold at multiple prices ranging from $31.50 to $31.75, inclusive. The reporting person undertakes to provide to Motorcar Parts of America, Inc., any security holder of Motorcar Parts of America, 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.
- F2The price reported in column 4 of Table I is a weighted average price. These shares were sold at multiple prices ranging from $31.50 to $31.58, inclusive. The reporting person undertakes to provide to Motorcar Parts of America, Inc., any security holder of Motorcar Parts of America, 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 of Table I is a weighted average price. These shares were sold at multiple prices ranging from $31.50 to $31.55, inclusive. The reporting person undertakes to provide to Motorcar Parts of America, Inc., any security holder of Motorcar Parts of America, 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 option vested as to one-third of the shares subject thereto on December 28, 2012 and will vest as to one-third of the shares subject thereto on each of December 28, 2013 and December 28, 2014, subject to the reporting person's continued employment with the issuer through the applicable vesting date.