SEC Form 4 · accession 0001140361-18-029596
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 20, 2018
Accepted (ET)
Jun 22, 2018 · 4:12 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 20, 2018 | M | 1,067 | — | A | 6,355 | D | |
| Common StockF2 | Jun 20, 2018 | F | 360 | $20.00 | D | 5,995 | 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 20, 2018 | M | 1,067 | D | — | — | Common Stock | 1,067 | 2,133 | D |
Explanation of responses
- F1These shares were acquired upon the vesting of restricted stock units granted to the reporting person on June 20, 2017.
- 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 20, 2017.
- F3Each restricted stock unit represents the contingent right to receive one share of MPAA common stock.
- F4On June 20, 2017, the reporting person was granted 3200 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.