U.S. Auto Parts Network, Inc.
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(Name of Issuer)
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Common Stock, par value $0.001 per share
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(Title of Class of Securities)
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90343C100
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(CUSIP Number)
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(310) 704-9111
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
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June 19, 2020
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(Date of Event Which Requires Filing of this Statement)
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CUSIP No. 90343C100
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1
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NAMES OF REPORTING PERSONS
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Mehran Nia
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a)
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☒
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(b)
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☐
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3
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SEC USE ONLY
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4
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SOURCE OF FUNDS (SEE INSTRUCTIONS)
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N/A
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5
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
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☐
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6
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CITIZENSHIP OR PLACE OF ORGANIZATION
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United States
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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7
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SOLE VOTING POWER
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None
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8
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SHARED VOTING POWER
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5,338,542(1)
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9
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SOLE DISPOSITIVE POWER
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None
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10
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SHARED DISPOSITIVE POWER
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5,338,542(1)
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11
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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5,338,542(1)
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12
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
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☐
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13
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
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13.4%(2)
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14
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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IN
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(1)
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Consists of (i) 4,649,873 shares of Common Stock owned directly by the Nia Living Trust Established September 2, 2004 (the “Living Trust”), of which Mehran Nia and his
spouse, Fariba Nia, are co-trustees, and (ii) 113,468 shares of Common Stock issued in lieu of preferred stock dividends. Mehran Nia disclaims beneficial interest in the Living Trust except to the extent of his pecuniary interest therein.
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(2)
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Based on 37,169,327 shares of Common Stock outstanding and 2,620,687 shares of Series A Convertible Preferred outstanding as of March 25, 2020, as reported in the Issuer’s Proxy Statement on Schedule 14A filed
on April 27, 2020, totaling 39,790,014 shares on an as-converted basis.
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CUSIP No. 90343C100
|
1
|
NAMES OF REPORTING PERSONS
|
|
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||
Nia Living Trust Established September 2, 2004
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|
|
|||
|
|
||||
2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a)
|
☒
|
||
(b)
|
☐
|
||||
|
|
||||
3
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SEC USE ONLY
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4
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SOURCE OF FUNDS (SEE INSTRUCTIONS)
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N/A
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||||
5
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
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☐
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6
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CITIZENSHIP OR PLACE OF ORGANIZATION
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United States - California Living Trust
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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7
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SOLE VOTING POWER
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|
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None
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|||
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|
||||
8
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SHARED VOTING POWER
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|
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5,338,542(1)
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|||
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||||
9
|
SOLE DISPOSITIVE POWER
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None
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|||
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||||
10
|
SHARED DISPOSITIVE POWER
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|
|
||
5,338,542(1)
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|
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|||
|
|
||||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
|
||
5,338,542(1)
|
|
|
|||
|
|
||||
12
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
|
|
☐
|
||
|
|
||||
|
|
||||
13
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
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13.4%(2)
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|||
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||||
14
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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OO
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(1)
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Consists of (i) 4,649,873 shares of Common Stock owned directly by the Living Trust, of which Mehran Nia and his spouse, Fariba Nia, are co-trustees, and (ii) 113,468 shares of Common Stock issued in lieu of
preferred stock dividends. Mehran Nia disclaims beneficial interest in the Living Trust except to the extent of his pecuniary interest therein.
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(2)
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Based on 37,169,327 shares of Common Stock outstanding and 2,620,687 shares of Series A Convertible Preferred outstanding as of March 25, 2020, as reported in the Issuer’s Proxy Statement on Schedule 14A filed
on April 27, 2020, totaling 39,790,014 shares on an as-converted basis.
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Item 4.
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Purpose of Transaction.
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Item 5.
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Interest in Securities of the Issuer.
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Reporting Person
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No. of Shares
Beneficially
Owned
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Percentage
Held
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Mehran Nia
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5,338,542
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13.4
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% | |||||
Fariba Nia
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5,338,542
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13.4
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% | |||||
Nia Living Trust
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5,338,542
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13.4
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% | |||||
Established September 2, 2004
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Mehran Nia
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0
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Fariba Nia
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0
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Nia Living Trust Established September 2, 2004
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0
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Mehran Nia
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5,338,542
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|||
Fariba Nia
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5,338,542
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|||
Nia Living Trust Established September 2, 2004
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5,338,542
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Mehran Nia
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0
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Fariba Nia
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0
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|||
Nia Living Trust Established September 2, 2004
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0
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Mehran Nia
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5,338,542
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|||
Fariba Nia
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5,338,542
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Nia Living Trust Established September 2, 2004
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5,338,542
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/s/ Mehran Nia
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Mehran Nia
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NIA LIVING TRUST ESTABLISHED SEPTEMBER 2, 2004
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By:
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/s/ Mehran Nia
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Name: Mehran Nia
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Its: Co-Trustee
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By:
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/s/ Fariba Nia
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Name: Fariba Nia
|
||
Its: Co-Trustee
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