SEC Form 4 · accession 0001140361-16-058780
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
Mar 18, 2016
Accepted (ET)
Mar 22, 2016 · 7:44 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 | Mar 18, 2016 | M | 20,403 | $12.00 | A | 139,942 | D | |
| Common StockF2 | Mar 18, 2016 | S | 20,403 | $38.0056 | 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 OptionF3 | $12.00 | Mar 18, 2016 | M | 20,403 | D | Aug 30, 2006 | Aug 30, 2016 | Common Stock | 20,403 | 75,000 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b-5-1 trading plan entered into by the reporting person as of December 10, 2015.
- F2The price reported in Column 4 of Table I is a weighted average price. These shares were sold at multiple prices ranging from $37.95 to $38.08, 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.