SEC Form 4 · accession 0001140361-16-071045
MOTORCAR PARTS OF AMERICA INC · MPAA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas Earl Schooner
Officer — Chief Manufacturing Officer
Period of report
Jun 24, 2016
Accepted (ET)
Jun 28, 2016 · 4:47 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 StockF1 | Jun 24, 2016 | M | 867 | — | A | 6,662 | D | |
| Common StockF2 | Jun 24, 2016 | F | 362 | $28.68 | D | 6,300 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F3 | — | Jun 24, 2016 | M | 867 | D | — | — | Common Stock | 867 | 866 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2These shares were withheld by Motorcar Parts of America, Inc. to pay the tax liability incident to the vesting of restricted stock units granted on June 24, 2014.
- F3On June 24, 2014, the reporting person was granted 2,600 restricted stock units, vesting in three equal annual installments beginning on the anniversary of the grant date.