U.S. Auto Parts Network, Inc. 4
4 · U.S. Auto Parts Network, Inc. · Filed Feb 17, 2016
Insider Transaction Report
Form 4
WATANABE NEIL T
CHIEF FINANCIAL OFFICER
Transactions
- Tax Payment
Common Stock
2016-02-16$2.80/sh−14,653$41,028→ 19,751 total - Award
Common Stock
2016-02-16+34,404→ 34,404 total - Exercise/Conversion
Restricted Stock Units
2016-02-16−34,404→ 30,000 total→ Common Stock (34,404 underlying)
Footnotes (2)
- [F1]In accordance with the Stock Unit Award Agreement dated March 23, 2015, this reporting person was granted 34,404 restricted stock units, vesting 100% on February 16, 2016. These restricted stock units converted to common stock on a one-for-one basis upon vesting.
- [F2]Pursuant to the Stock Unit Award Agreement dated March 23, 2015, the Issuer elected to cancel and not issue vested shares to satisfy tax withholding obligations of the reporting person.