SEC Form 4 · accession 0001140361-16-056114
MOTORCAR PARTS OF AMERICA INC · MPAA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joffe Selwyn
Officer — President, CEO & Chairman · Director
Period of report
Feb 29, 2016
Accepted (ET)
Mar 2, 2016 · 7:21 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 29, 2016 | M | 50,000 | $12.00 | A | 169,539 | D | |
| Common StockF1 | Feb 29, 2016 | S | 50,000 | $35.5923 | D | 119,539 | D | |
| Common Stock | Mar 1, 2016 | M | 50,000 | $12.00 | A | 169,539 | D | |
| Common StockF2 | Mar 1, 2016 | S | 50,000 | $35.0144 | D | 119,539 | D | |
| Common Stock | Mar 2, 2016 | M | 50,000 | $12.00 | A | 169,539 | D | |
| Common StockF3 | Mar 2, 2016 | S | 50,000 | $35.0273 | D | 119,539 | 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 | $12.00 | Feb 29, 2016 | M | 50,000 | D | Aug 30, 2006 | Aug 30, 2016 | Common Stock | 50,000 | 200,000 | D |
| Stock OptionF4 | $12.00 | Mar 1, 2016 | M | 50,000 | D | Aug 30, 2006 | Aug 30, 2016 | Common Stock | 50,000 | 150,000 | D |
| Stock OptionF4 | $12.00 | Mar 2, 2016 | M | 50,000 | D | Aug 30, 2006 | Aug 30, 2016 | Common Stock | 50,000 | 100,000 | 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 $35.00 to $36.19, 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 price reported in Column 4 of Table I is a weighted average price. These shares were sold at multiple prices ranging from $35.00 to $35.33, 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 $35.00 to $35.13, 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 in full prior to the date hereof.