Akhavan Houman 4
4 · CarParts.com, Inc. · Filed Mar 22, 2022
Insider Transaction Report
Form 4
Akhavan Houman
VP of Marketiing
Transactions
- Award
Common Stock
2022-03-18+2,654→ 449,815 total - Award
Common Stock
2022-03-18+33,737→ 483,552 total
Footnotes (2)
- [F1]On January 13, 2021, the Reporting Person was granted a number of performance-vesting restricted stock shares, with the first tranche of shares to be awarded at a percentage of 1/9 of the target shares on a percentage scale ranging from 0 to 300% based on the Company's 2021 total shareholder return, or TSR ("performance criteria"). Following certification by the Compensation Committee of the Issuer, the Reporting Person vested 2,654 shares because the performance criteria has been satisfied for the 2021 performance period.
- [F2]Represents common stock awarded to the Reporting Person upon the determination by the Company's Board of Directors of the achievement of the performance conditions under the Company's annual incentive bonus plan. The common stock was awarded to the Reporting Person in lieu of cash under the Company's annual incentive bonus plan.