MOTORCAR PARTS AMERICA INC 4
4 · MOTORCAR PARTS AMERICA INC · Filed Sep 8, 2016
Insider Transaction Report
Form 4
KRATZ STEVEN
Chief Operating Officer
Transactions
- Exercise/Conversion
Restricted Stock Unit
2016-09-04−1,133→ 2,267 total→ Common Stock (1,133 underlying) - Tax Payment
Common Stock
2016-09-06$29.32/sh−550$16,126→ 5,471 total - Exercise/Conversion
Common Stock
2016-09-04+1,133→ 6,021 total
Footnotes (4)
- [F1]These shares were acquired upon the vesting of restricted stock units granted to the reporting person on September 4, 2015.
- [F2]These shares were withheld by Motorcar Parts of America, Inc. to pay the tax liability incident to the vesting of restricted stock units granted on September 4, 2015.
- [F3]Each restricted stock unit represents a contingent right to receive one share of MPAA common stock.
- [F4]On September 4, 2015, the reporting person was granted 3,400 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.