VARGO TIMOTHY D 4
4 · MOTORCAR PARTS AMERICA INC · Filed Oct 11, 2018
Insider Transaction Report
Form 4
VARGO TIMOTHY D
Director
Transactions
- Exercise/Conversion
Common Stock
2018-10-09+569→ 2,181 total - Exercise/Conversion
Restricted Stock Units
2018-10-09−569→ 1,137 total→ Common Stock (569 underlying) - Award
Restricted Stock Units
2018-10-09+2,925→ 2,925 total→ Common Stock (2,925 underlying)
Footnotes (3)
- [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.
- [F3]On October 9, 2018, the reporting person was granted 2,925 restricted stock units. The restricted stock units vest in three equal annual installments beginning October 9, 2019, 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.