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CarParts.com, Inc. Director's Dealing 2020

Mar 12, 2020

34693_dirs_2020-03-12_facfd6ad-f569-4119-8d69-e93def6c3ad9.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: Gomez Alfredo (VP, General Counsel)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-03-10 Common Stock A 86034 Acquired 89694 Direct
2020-03-10 Common Stock A 21789 Acquired 111483 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 66611 Indirect
Common Stock 10804 Indirect

Footnotes

F1: Represents the vesting of performance-based restricted stock units previously granted to the Reporting Person by the Company on May 22, 2019 under the Company's annual incentive bonus plan. The performance conditions applicable to the award were determined to have been satisfied by the Company's Board of Directors on March 10, 2020, resulting in the immediate vesting of the restricted stock units as to 86,034 shares.

F2: 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.

F3: The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.