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CarParts.com, Inc. — Director's Dealing 2015
Mar 24, 2015
34693_dirs_2015-03-24_e55d649c-78a3-47a4-bd7d-dc797f8257bf.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: 2015-03-23
Reporting Person: Evangelist Shane N (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-03-23 | Common Stock | A | 147150 | — | Acquired | 464339 | Direct |
| 2015-03-23 | Common Stock | F | 68351 | $2.18 | Disposed | 395988 | Direct |
Footnotes
F1: In accordance with the Stock Unit Award Agreement dated February 14, 2014, the reporting person was granted 147,150 restricted stock units, vesting upon completion of certain performance requirements. It was determined on March 23, 2015 that the performance requirements were met, resulting in vesting of 100% of the restricted stock units. These restricted stock units immediately converted to common stock.
F2: Pursuant to the Stock Unit Award Agreement dated February 14, 2014, the Issuer elected to cancel and not issue vested shares to satisfy tax withholding obligations of the reporting person.