4//SEC Filing
Schooner Douglas Earl 4
Accession 0001562180-25-005081
CIK 0000918251other
Filed
Jun 24, 8:00 PM ET
Accepted
Jun 25, 8:47 PM ET
Size
21.2 KB
Accession
0001562180-25-005081
Insider Transaction Report
Form 4
Transactions
- Tax Payment
Common Stock
2025-06-20$9.76/sh−1,364$13,313→ 27,679 total - Exercise/Conversion
Common Stock
2025-06-20+1,738→ 29,043 total - Exercise/Conversion
Restricted Stock Units
2025-06-20−1,579→ 0 totalExercise: $0.00Exp: 2025-12-31→ Common Stock (1,579 underlying) - Exercise/Conversion
Common Stock
2025-06-20+1,579→ 27,305 total - Award
Restricted Stock Units
2025-06-20+13,768→ 13,768 totalExercise: $0.00Exp: 2028-12-31→ Common Stock (13,768 underlying) - Exercise/Conversion
Restricted Stock Units
2025-06-21−2,168→ 4,337 totalExercise: $0.00Exp: 2028-12-31→ Common Stock (2,168 underlying) - Tax Payment
Common Stock
2025-06-21$9.76/sh−891$8,696→ 28,956 total - Exercise/Conversion
Common Stock
2025-06-21+2,168→ 29,847 total - Award
Performance Based Stock Units
2025-06-20+6,884→ 6,884 totalExercise: $0.00Exp: 2028-07-31→ Common Stock (6,884 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 0001437437
Filing Metadata
- Form type
- 4
- Filed
- Jun 24, 8:00 PM ET
- Accepted
- Jun 25, 8:47 PM ET
- Size
- 21.2 KB