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CarParts.com, Inc. Director's Dealing 2014

Feb 18, 2014

34693_dirs_2014-02-18_5c864011-c071-4530-893c-bcb8c88017bd.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: U.S. Auto Parts Network, Inc. (PRTS)
CIK: 0001378950
Period of Report: 2014-02-14

Reporting Person: Evangelist Shane N (Director, Chief Executive Officer)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-02-14 Stock Options (Right to Buy) $2.03 A 200000 Acquired 2024-02-13 Common Stock (200000) Direct
2014-02-14 Restricted Stock Units $ A 165975 Acquired Commom Stock (165975) Direct

Footnotes

F1: Granted pursuant to the U.S. Auto Parts Network, Inc. 2007 Omnibus Incentive Plan.

F2: Twenty-five percent of the shares of stock subject to the option vest on February 14, 2015, and thereafter the balance of the option shares vest and become exercisable in a series of thirty-six equal monthly installments over the following three year period, so that all of the shares of stock subject to the option vest on February 14, 2018, subject to the reporting person's continued service relationship with the issuer or any subsidiary of the issuer on each such date.

F3: Not applicable.

F4: The Restricted Stock Unit shall become 100% vested on January 1, 2016, provided that such individual has served as an employee of the Company continuously from the date hereof through such date.