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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Options (Right to Buy) | $ 7.43 | 10/13/2020 | M | 20,000 | (2) | 06/02/2021 | Common Stock | 20,000 | $ 0 | 205,000 | D | ||||
Stock Options (Right to Buy) | $ 3.76 | 10/14/2020 | M | 20,000 | (3) | 05/15/2022 | Common Stock | 20,000 | $ 0 | 185,000 | D | ||||
Stock Options (Right to Buy) | $ 1.12 | 10/15/2020 | M | 20,000 | (4) | 07/09/2023 | Common Stock | 20,000 | $ 0 | 165,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Berman Joshua L C/O CARPARTS.COM, INC. 2050 W. 190TH STREET, SUITE 400 TORRANCE, CA 90504 |
X |
/s/ Joshua L. Berman | 10/15/2020 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. The price reported above reflects the weighted-average sale price for each day, with the low and high price from the range of prices shown as follows: October 13, 2020: Low price of $12.40 and a high price of $13.04. October 14, 2020: Low price of $12.66 and a high price of $13.63. October 15, 2020: Low price of $12.30 and a high price of $12.92. |
(2) | The stock option was granted to the Reporting Person on June 2, 2011 pursuant to the Company's 2007 Omnibus Incentive Plan. Thirty-three percent (33%) 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 vested in equal monthly installments thereafter over two years. |
(3) | The stock option was granted to the Reporting Person on May 15, 2012 pursuant to the Company's 2007 Omnibus Incentive Plan. Thirty-three percent (33%) 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 vested in equal monthly installments thereafter over two years. |
(4) | The stock option was granted to the Reporting Person on July 9, 2013 pursuant to the Company's 2007 Omnibus Incentive Plan. Thirty-three percent (33%) 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 vested in equal monthly installments thereafter over two years. |