Barry Phelps - May 17, 2021 Form 4 Insider Report for CarParts.com, Inc. (PRTS)

Role
Director
Signature
/s/ Barry Phelps
Stock symbol
PRTS
Transactions as of
May 17, 2021
Transactions value $
-$155,400
Form type
4
Date filed
6/14/2021, 05:17 PM
Previous filing
May 13, 2021
Next filing
May 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRTS Common Stock Options Exercise $149K +20K +10.71% $7.43 207K May 17, 2021 Direct
transaction PRTS Common Stock Sale -$304K -20K -9.68% $15.20 187K May 17, 2021 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PRTS Stock Options (Right to Buy) Options Exercise $0 -20K -100% $0.00* 0 May 17, 2021 Common Stock 20K $7.43 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.