SEC Form 4 · accession 0001140361-15-035856
MOTORCAR PARTS OF AMERICA INC · MPAA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rudolph J Borneo
Director
Period of report
Sep 23, 2015
Accepted (ET)
Sep 24, 2015 · 5:48 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 23, 2015 | M | 3,000 | $9.90 | A | 3,000 | D | |
| Common StockF1 | Sep 23, 2015 | S | 3,000 | $32.174 | D | 0 | D | |
| Common StockF2 | holding | — | — | — | 20,592 | I | By Borneo Family Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF3 | $9.90 | Sep 23, 2015 | M | 3,000 | D | Nov 30, 2005 | Nov 30, 2015 | Common Stock | 3,000 | 0 | 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 $32.14 to $32.19, 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 reporting person and his wife are co-trustees of the Rudolph John Borneo and Charlene Louise Borneo Revocable Living Trust.
- F3The option vested in full prior to the date hereof.