MOTORCAR PARTS AMERICA INC 4
4 · MOTORCAR PARTS AMERICA INC · Filed Sep 9, 2015
Insider Transaction Report
Form 4
KRATZ STEVEN
Chief Operating Officer
Transactions
- Sale
Common Stock
2015-09-04$31.21/sh−666$20,786→ 6,732 total - Award
Stock Option
2015-09-04+7,100→ 7,100 totalExercise: $31.13From: 2015-09-04Exp: 2025-09-03→ Common Stock (7,100 underlying) - Award
Restricted Stock Unit
2015-09-04+3,400→ 3,400 total→ Common Stock (3,400 underlying)
Footnotes (4)
- [F1]The price reported in Column 4 of Table I is a weighted average price. These shares were sold in multiple prices ranging from $31.1 to $31.28, inclusive. The reporting person undertakes to provide to Motorcar Parts of America, Inc., any security holder of Motorcar Parts of America, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F2]The option will vest in three equal annual installments beginning September 4, 2016, subject to the reporting person's continued employment with the issuer through each applicable vesting date.
- [F3]Each restricted stock unit represents a contingent right to receive one share of MPAA common stock.
- [F4]The restricted stock units vest in three equal annual installments beginning September 4, 2016, subject to the reporting person's continued status as an employee through each applicable vesting date. Vested shares will be delivered to the reporting person no later than 60 days following the applicable vesting date.