Ryan Lockwood - Jan 16, 2025 Form 4 Insider Report for CarParts.com, Inc. (PRTS)

Role
Chief Financial Officer
Signature
/s/ Ryan Lockwood
Stock symbol
PRTS
Transactions as of
Jan 16, 2025
Transactions value $
-$57,891
Form type
4
Date filed
1/17/2025, 04:23 PM
Previous filing
Jan 6, 2025
Next filing
Feb 7, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRTS Common Stock Options Exercise $0 +31.8K +39.21% $0.00 113K Jan 16, 2025 Direct F1
transaction PRTS Common Stock Tax liability -$17.2K -13K -11.57% $1.32 99.7K Jan 17, 2025 Direct F2
transaction PRTS Common Stock Options Exercise $0 +75K +75.22% $0.00 175K Jan 16, 2025 Direct F3
transaction PRTS Common Stock Tax liability -$40.7K -30.8K -17.63% $1.32 144K Jan 17, 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PRTS Restricted Stock Units Options Exercise $0 -31.8K -33.33% $0.00 63.5K Jan 16, 2025 Common Stock 31.8K Direct F1, F4
transaction PRTS Restricted Stock Units Options Exercise $0 -75K -50% $0.00 75K Jan 16, 2025 Common Stock 75K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Restricted Stock Units (RSU) were granted to the Reporting Person on January 16, 2024 pursuant to the CarParts.com, Inc. 2016 Equity Incentive Plan. Thirty-three and a third percent of the shares of stock subject to the RSU vested on January 16, 2025, the first anniversary of the grant date, and the remainder of the shares subject to the RSU will vest in equal installments on each of the next two anniversaries of the grant date, subject to such Reporting Person's service to the Company through such dates.
F2 Represents shares of common stock that have been withheld by the Company to satisfy tax withholding obligations in connection with the net settlement of vested Restricted Stock Units.
F3 The Restricted Stock Units (RSU) were granted to the Reporting Person on January 16, 2024 pursuant to the CarParts.com, Inc. 2016 Equity Incentive Plan. Fifty percent of the shares of stock subject to the RSU vested on January 16, 2025, the first anniversary of the grant date, and the remainder of the shares subject to the RSU will vest in equal installments each quarter thereafter through the second anniversary of the grant date, subject to such Reporting Person's service to the Company through such dates.
F4 Not applicable.