SEC Form 4 · accession 0001140361-17-008979
MOTORCAR PARTS OF AMERICA INC · MPAA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy D Vargo
Director
Period of report
Feb 17, 2017
Accepted (ET)
Feb 24, 2017 · 10:43 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000918251
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Feb 17, 2017 | M | 3,449 | A | — | — | Common Stock | 3,449 | 3,449 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of MPAA common stock.
- F2On February 17, 2017, the reporting person was granted 3,449 restricted stock units. The restricted stock units vest in three equal annual installments beginning February 17, 2018, subject to the reporting person's continued status as a non-employee director through each applicable vesting date. Vested shares will be delivered to the reporting person no later than 60 days following the applicable date.