Burlingame Glenn Daniel 4
4 · MOTORCAR PARTS OF AMERICA INC · Filed Jun 25, 2025
Insider Transaction Report
Form 4
Burlingame Glenn Daniel
VP, General Counsel and Sec.
Transactions
- Award
Performance Based Stock Units
2025-06-20+7,764→ 7,764 totalExercise: $0.00Exp: 2028-07-31→ Common Stock (7,764 underlying) - Award
Restricted Stock Unit
2025-06-20+15,528→ 15,528 totalExercise: $0.00Exp: 2028-12-31→ Common Stock (15,528 underlying)
Footnotes (2)
- [F1]Vesting 1/3 each year for 3 years from grant date. beginning on 20-Jun-2025.
- [F2]One-third of these Performance Based Stock Units ('PSUs') will vest if the Company achieves a 30 trading-day trailing average market closing price ('Price Per Share') of at least $15 during the three-year period ending on the earlier of 20-Jun-2028 and the date of consummation of a change in control (the 'Performance Period'); another one-third of these PSUs will vest if the Company achieves a Price Per Share during the Performance Period of at least $17 during the Performance Period; and the remaining one-third of these PSUs will vest if the Price Per Share is equal to or greater than $18 as follows: 50% if the Price Per Share equals $18, 100% if the Price Per Share equals $20 and 150% if the Price Per Share equals or exceeds $22 (if the Price Per Share falls between these levels the vesting percentage will be determined using interpolation).