SEC Form 4 · accession 0001140361-16-079244
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
Sep 4, 2016
Accepted (ET)
Sep 8, 2016 · 5:36 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 | Sep 4, 2016 | M | 1,033 | — | A | 7,811 | D | |
| Common StockF2 | Sep 6, 2016 | F | 452 | $29.32 | D | 7,359 | 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 UnitF3,F4 | — | Sep 4, 2016 | M | 1,033 | D | — | — | Common Stock | 1,033 | 2,067 | D |
Explanation of responses
- F1These shares were acquired upon the vesting of restricted stock units granted to the reporting person on September 4, 2015.
- 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 September 4, 2015.
- F3Each restricted stock unit represents the contingent right to receive one share of MPAA common stock.
- F4On September 4, 2015, the reporting person was granted 3,100 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.