CarParts.com, Inc. — Director's Dealing 2020

Mar 12, 2020

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: Peker Lev (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-10	Common Stock	A	433673	—	Acquired	433673	Direct
2020-03-10	Common Stock	A	109831	—	Acquired	543504	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	38869	Indirect
Common Stock	56000	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 433,673 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.