4//SEC Filing
Lee David Sung 4
Accession 0001562180-25-005080
CIK 0000918251other
Filed
Jun 24, 8:00 PM ET
Accepted
Jun 25, 8:46 PM ET
Size
21.1 KB
Accession
0001562180-25-005080
Insider Transaction Report
Form 4
Transactions
- Exercise/Conversion
Common Stock
2025-06-20+4,578→ 56,857 total - Exercise/Conversion
Common Stock
2025-06-20+4,159→ 52,279 total - Tax Payment
Common Stock
2025-06-20$9.76/sh−4,579$44,691→ 52,278 total - Exercise/Conversion
Restricted Stock Units
2025-06-20−4,159→ 0 totalExercise: $0.00Exp: 2025-12-31→ Common Stock (4,159 underlying) - Award
Restricted Stock Units
2025-06-20+32,712→ 32,712 totalExercise: $0.00Exp: 2028-12-31→ Common Stock (32,712 underlying) - Exercise/Conversion
Restricted Stock Units
2025-06-21−5,576→ 17,780 totalExercise: $0.00Exp: 2027-12-31→ Common Stock (5,576 underlying) - Exercise/Conversion
Common Stock
2025-06-21+5,576→ 57,854 total - Tax Payment
Common Stock
2025-06-21$9.76/sh−2,931$28,607→ 54,923 total - Award
Performance Based Stock Units
2025-06-20+16,356→ 16,356 totalExercise: $0.00Exp: 2028-07-31→ Common Stock (16,356 underlying)
Footnotes (7)
- [F1]Shares earned upon vesting of RSUs
- [F2]Shares earned under the performance based stock units granted on 20-Jun-2022
- [F3]Used to pay taxes upon vesting of RSUs and PSUs.
- [F4]Vesting 1/3 each year for 3 years from grant date, beginning on 20-Jun-2022
- [F5]Vesting 1/3 each year for 3 years from grant date, beginning on 20-Jun-2025
- [F6]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).
- [F7]Vesting 1/3 each year for 3 years from grant date. beginning on 21-Jun-2024
Documents
Issuer
MOTORCAR PARTS OF AMERICA INC
CIK 0000918251
Entity typeother
Related Parties
1- filerCIK 0001437480
Filing Metadata
- Form type
- 4
- Filed
- Jun 24, 8:00 PM ET
- Accepted
- Jun 25, 8:46 PM ET
- Size
- 21.1 KB