SEC Form 4 · accession 0001140361-15-034912
MOTORCAR PARTS OF AMERICA INC · MPAA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas Earl Schooner
Officer — Vice President, Manufacturing
Period of report
Sep 9, 2015
Accepted (ET)
Sep 11, 2015 · 6:51 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 | Sep 9, 2015 | M | 21,500 | $6.46 | A | 27,295 | D | |
| Common Stock | Sep 9, 2015 | M | 4,833 | $9.32 | A | 32,128 | D | |
| Common StockF1 | Sep 9, 2015 | S | 26,333 | $31.9538 | D | 5,795 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF2 | $6.46 | Sep 9, 2015 | M | 21,500 | A | Dec 28, 2012 | Dec 27, 2022 | Common Stock | 21,500 | 0 | D |
| Stock OptionF3 | $9.32 | Sep 9, 2015 | M | 4,833 | A | Sep 3, 2013 | Sep 3, 2023 | Common Stock | 4,833 | 4,833 | 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 $31.97 to $32.463734, 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 option vested as to one-third of the shares subject thereto on each of December 28, 2012, December 28, 2013 and December 28, 2014.
- F3The option vested as to one-third of the shares subject thereto on each of September 3, 2014 and September 3, 2015 and will vest as to one-third of the shares subject thereto on September 3, 2016.