SEC Form 4 · accession 0001140361-16-055456
MOTORCAR PARTS OF AMERICA INC · MPAA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Sung Lee
Officer — CFO
Period of report
Feb 26, 2016
Accepted (ET)
Feb 29, 2016 · 2:28 pm EST
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 | Feb 26, 2016 | M | 2,500 | $12.00 | A | 12,650 | D | |
| Common StockF1 | Feb 26, 2016 | S | 2,500 | $34.3431 | D | 10,150 | D | |
| Common StockF2 | Feb 29, 2016 | S | 2,000 | $34.4281 | D | 8,150 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF3 | $12.00 | Feb 26, 2016 | M | 2,500 | D | Aug 30, 2006 | Aug 30, 2016 | Common Stock | 2,500 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 of Table I is a weighted average price. These share were sold at multiple prices ranging from $34.085 to $34.49, 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 share were sold at multiple prices ranging from $34.4001 to 34.4549, 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 option vested in full prior to the date hereof.