Lev Peker - 13 Sep 2021 Form 4 Insider Report for CarParts.com, Inc. (PRTS)

Signature
/s/ Lev Peker
Issuer symbol
PRTS
Transactions as of
13 Sep 2021
Transactions value $
-$318,721
Form type
4
Filing time
14 Sep 2021, 21:29:51 UTC
Previous filing
10 Aug 2021
Next filing
12 Oct 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRTS Common Stock Sale -$318,720 -18,017 -1.9% $17.69 934,456 13 Sep 2021 Direct F1, F2
holding PRTS Common Stock 38,869 13 Sep 2021 By IRA
holding PRTS Common Stock 56,000 13 Sep 2021 By Spouse's IRA
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock sold by the Reporting Person to satisfy certain tax withholding obligations associated with the quarterly vesting of 36,087 restricted stock units. These restricted stock units were previously reported as shares acquired in the Form 4 filed on March 11, 2021 because the performance criteria was satisfied at that time.
F2 Certain of these shares are subject to a restricted stock award, pursuant to which such shares will vest in quarterly installments through March 9, 2023 in accordance with the applicable vesting schedule, provided that the Reporting Person remains an employee of the Company through each vesting date.