U.S. Auto Parts Network, Inc. 4
4 · U.S. Auto Parts Network, Inc. · Filed Mar 24, 2015
Insider Transaction Report
Form 4
Evangelist Shane N
Chief Executive Officer
Transactions
- Award
Common Stock
2015-03-23+147,150→ 464,339 total - Tax Payment
Common Stock
2015-03-23$2.18/sh−68,351$149,005→ 395,988 total
Footnotes (2)
- [F1]In accordance with the Stock Unit Award Agreement dated February 14, 2014, the reporting person was granted 147,150 restricted stock units, vesting upon completion of certain performance requirements. It was determined on March 23, 2015 that the performance requirements were met, resulting in vesting of 100% of the restricted stock units. These restricted stock units immediately converted to common stock.
- [F2]Pursuant to the Stock Unit Award Agreement dated February 14, 2014, the Issuer elected to cancel and not issue vested shares to satisfy tax withholding obligations of the reporting person.