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CarParts.com, Inc. Director's Dealing 2020

Mar 12, 2020

34693_dirs_2020-03-12_6dcb70de-1135-4e3d-9db7-6fc7e3de5cb7.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: 2020-03-10

Reporting Person: Nia Mehran (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-03-10 Common Stock A 38764 Acquired 38764 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 4746026 Indirect
Common Stock 211437 Indirect

Footnotes

F1: Represents common stock awarded to the Reporting Person upon the determination by the Company's Board of Directors of the achievement of the performance conditions under the Company's annual incentive bonus plan. The common stock was awarded to the Reporting Person in lieu of cash under the Company's annual incentive bonus plan.

F2: The amount consists of 3,615,391 shares of Common Stock owned directly by the Nia Living Trust Established September 2, 2004 (the "Living Trust"), of which Mehran Nia and Fariba Nia, are co-trustees, (ii) 1,034,482 shares of Common Stock issuable upon conversion of Series A Convertible Preferred Stock owned by the Living Trust, and (iii) 96,143 shares of Common Stock issued in lieu of preferred stock dividends.