Alfredo Gomez - 14 May 2021 Form 4 Insider Report for CarParts.com, Inc. (PRTS)

Signature
/s/ Alfredo Gomez
Issuer symbol
PRTS
Transactions as of
14 May 2021
Net transactions value
-$173,138
Form type
4
Filing time
17 May 2021, 20:57:10 UTC
Next filing
14 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRTS Common Stock Options Exercise $12,657 +12,288 +2.5% $1.03 507,855 14 May 2021 Direct
transaction PRTS Common Stock Sale $185,795 -12,288 -2.4% $15.12 495,567 14 May 2021 Direct F1, F2
holding PRTS Common Stock 66,611 14 May 2021 By IRA
holding PRTS Common Stock 11,244 14 May 2021 By Son's IRA

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 Stock Options (Right to Buy) Options Exercise $0 -12,288 -4% $0.000000 293,216 14 May 2021 Common Stock 12,288 $1.03 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 A portion of the sale proceeds will be used by the Reporting Person to satisfy tax liabilities.
F2 The price reported above reflects the weighted-average sale price with the low price of $15.09 and a high price of $15.17. The Reporting Person undertakes to provide to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F3 The stock option was granted to the Reporting Person on March 25, 2019 pursuant to the CarParts.com, Inc. 2016 Equity Incentive Plan. Twenty-five percent of the shares of stock subject to the option vested on the first anniversary of the grant date, and the remainder of the shares subject to the option vest in equal monthly installments thereafter over three years, subject to such Reporting Person's service to the Company through such dates.