SEC Form 4 · accession 0001140361-16-070438
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
Jun 20, 2016
Accepted (ET)
Jun 21, 2016 · 3:47 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 | Jun 20, 2016 | M | 75,000 | $12.00 | A | 203,894 | D | |
| Common StockF1 | Jun 20, 2016 | S | 75,000 | $30.5005 | D | 128,894 | 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 | $12.00 | Jun 20, 2016 | M | 75,000 | A | Aug 30, 2006 | Aug 30, 2016 | Common Stock | 75,000 | 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 $30.25 to $30.81, 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 in full prior to the date hereof.