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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.