SEC Form 4 · accession 0001140361-16-079250
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
Sep 4, 2016
Accepted (ET)
Sep 8, 2016 · 5:41 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 | 4,167 | — | A | 124,627 | D | |
| Common StockF2 | Sep 6, 2016 | F | 2,003 | $29.32 | D | 122,624 | 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 UnitsF3,F4 | — | Sep 4, 2016 | A | 4,167 | A | — | — | Common Stock | 4,167 | 8,333 | 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 a contingent right to receive one share of MPAA common stock.
- F4On September 4, 2015, the reporting person was granted 12,500 restricted stock units, vesting in three equal annual installments beginning on the anniversary of the grant date.