SEC Form 4 · accession 0001140361-17-026574
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
Jun 26, 2017
Accepted (ET)
Jun 29, 2017 · 10:33 am 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 26, 2017 | M | 933 | — | A | 8,292 | D | |
| Common StockF2 | Jun 26, 2017 | F | 392 | $28.18 | D | 7,900 | D | |
| Common StockF5 | Jun 26, 2017 | M | 1,234 | — | A | 9,134 | D | |
| Common StockF6 | Jun 26, 2017 | F | 555 | $28.18 | D | 8,579 | 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 | — | Jun 26, 2017 | M | 933 | D | — | — | Common Stock | 933 | 1,867 | D |
| Restricted Stock UnitF3,F7 | — | Jun 26, 2017 | M | 1,234 | D | — | — | Common Stock | 1,234 | 0 | D |
Explanation of responses
- F1These shares were acquired upon the vesting of restricted stock units granted to the reporting person on June 24, 2016.
- 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, 2016.
- F3Each restricted stock unit represents the contingent right to receive one share of MPAA common stock.
- F4On June 24, 2016, the reporting person was granted 2800 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.
- F5These shares were acquired upon the vesting of restricted stock units granted to the reporting person on June 24, 2014.
- F6These 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.
- F7On June 24, 2014, the reporting person was granted 3700 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.