David Lee - Mar 24, 2025 Form 4 Insider Report for MOTORCAR PARTS OF AMERICA INC (MPAA)

Role
CFO
Signature
/s/ David Lee
Stock symbol
MPAA
Transactions as of
Mar 24, 2025
Transactions value $
-$103,092
Form type
4
Date filed
3/26/2025, 05:10 PM
Previous filing
Nov 26, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MPAA Common Stock Options Exercise $0 +17.4K +43.08% $0.00 57.9K Mar 24, 2025 Direct F1
transaction MPAA Common Stock Tax liability -$103K -9.74K -16.84% $10.58 48.1K Mar 24, 2025 Direct

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 MPAA Performance Based Stock Unit Options Exercise $0 -17.4K -33.33% $0.00 34.8K Mar 24, 2025 Common Stock 17.4K $0.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares earned under the performance based units granted on June 19, 2023.
F2 These Performance Based Stock Units will vest 1/3 when the Company Common Stock price reaches $10/share for at least 30 days, another 1/3 will vest when the Company Common Stock price reaches $15 for at least 30 days, the last 1/3 of the grant will vest when the Company Stock price reaches $20/share for at least 30 days. The last 1/3 may vest at 50%-100% if the Common Stock price reaches between $17.50 - $20 for at least 30 days, and may vest at 100%- 150% if the Common Stock price reaches between $20-$25 for at least 30 days.