Filing Details

Accession Number:
0001567619-21-006139
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-03-11 21:40:32
Reporting Period:
2021-03-09
Accepted Time:
2021-03-11 21:40:32
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1378950 Carparts.com Inc. PRTS Retail-Auto & Home Supply Stores (5531) 680623433
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1388867 Houman Akhavan C/O Carparts.com, Inc.
2050 W. 190Th Street, Suite 400
Torrance CA 90504
Chief Marketing Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2021-03-09 155,047 $0.00 345,212 No 4 A Direct
Common Stock Acquisiton 2021-03-10 155,047 $0.00 500,259 No 4 A Direct
Common Stock Disposition 2021-03-10 49,341 $15.35 450,918 No 4 S Direct
Common Stock Disposition 2021-03-10 177,390 $15.84 273,528 No 4 S Direct
Common Stock Disposition 2021-03-11 54,810 $15.30 218,718 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 A Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Footnotes
  1. On December 30, 2019, the Reporting Person was granted a number of performance-vesting restricted stock shares, with the payout ranging from 0 to 200% of target based on the Company's 2020 Adjusted EBITDA achievement ("performance criteria"). Following certification by the Compensation Committee of the Issuer of the applicable payout, the Reporting Person vested 183,962 (1/2 on March 9, 2021 and 1/2 on March 10, 2021) of the shares, and because the performance criteria has been satisfied, an additional 126,132 shares (out of the total shares reported above) will vest in quarterly installments over the following 2 years provided the reporting person remains an employee of the Company through such dates.
  2. Represents a sale, pursuant to a Section 10b5-1 Plan, to cover tax obligations upon vesting of certain restricted shares of Common Stock on March 10, 2021.
  3. Represents a sale, pursuant to a Section 10b5-1 Plan.
  4. Represents a sale, pursuant to a Section 10b5-1 Plan, to cover tax obligations upon vesting of certain restricted shares of Common Stock on March 11, 2021.