VARGO TIMOTHY D 4
4 · MOTORCAR PARTS AMERICA INC · Filed Oct 11, 2017
Insider Transaction Report
Form 4
VARGO TIMOTHY D
Director
Transactions
- Award
Restricted Stock Units
2017-10-09+1,706→ 1,706 total→ Common Stock (1,706 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of MPAA common stock.
- [F2]On October 9, 2017, the reporting person was granted 1,706 restricted stock units. The restricted stock units vest in three equal annual installments beginning October 9, 2018, subject to the reporting person's continued status as a non-employee director through each applicable vesting date. Vested shares will be delivered to the reporting person no later than 60 days following the applicable vesting date.