VARGO TIMOTHY D 4
4 · MOTORCAR PARTS AMERICA INC · Filed Feb 21, 2018
Insider Transaction Report
Form 4
VARGO TIMOTHY D
Director
Transactions
- Exercise/Conversion
Common Stock
2018-02-17+1,150→ 1,150 total - Exercise/Conversion
Restricted Stock Units
2018-02-17−1,150→ 2,299 total→ Common Stock (1,150 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of MPAA common stock.
- [F2]On February 17, 2017, the reporting person was granted 3,449 restricted stock units. The restricted stock units vest in three equal annual installments beginning February 17, 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.