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CarParts.com, Inc. — Director's Dealing 2021
Jun 14, 2021
34693_dirs_2021-06-14_bdeb3c0e-beb7-4ec3-9f08-12d9f9ef140d.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CarParts.com, Inc. (PRTS)
CIK: 0001378950
Period of Report: 2021-05-17
Reporting Person: PHELPS BARRY (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-05-17 | Common Stock | M | 20000 | $7.43 | Acquired | 206679 | Direct |
| 2021-05-17 | Common Stock | S | 20000 | $15.20 | Disposed | 186679 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-05-17 | Stock Options (Right to Buy) | $7.43 | M | 20000 | Disposed | 2021-06-02 | Common Stock (20000) | Direct |
Footnotes
F1: A portion of the sale proceeds will be used by the Reporting Person to satisfy tax liabilities.
F2: The price reported above reflects the weighted-average sale price with the low price of $15.09 and a high price of $15.28. The Reporting Person undertakes to provide to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F3: The stock option was granted to the Reporting Person on June 2, 2011 pursuant to the CarParts.com, Inc. 2007 Omnibus Incentive Plan. Thirty-three percent of the shares of stock subject to the option vested on the first anniversary of the grant date, and the remainder of the shares subject to the option vested in equal monthly installments thereafter over two years.