0001562180-21-004417.txt : 20210621
0001562180-21-004417.hdr.sgml : 20210621
20210621211502
ACCESSION NUMBER: 0001562180-21-004417
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200617
FILED AS OF DATE: 20210621
DATE AS OF CHANGE: 20210621
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Lee David Sung
CENTRAL INDEX KEY: 0001437480
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33861
FILM NUMBER: 211032813
MAIL ADDRESS:
STREET 1: 2929 CALIFORNIA STREET
CITY: TORRANCE
STATE: CA
ZIP: 90503
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: MOTORCAR PARTS AMERICA INC
CENTRAL INDEX KEY: 0000918251
STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714]
IRS NUMBER: 112153962
STATE OF INCORPORATION: NY
FISCAL YEAR END: 0331
BUSINESS ADDRESS:
STREET 1: 2929 CALIFORNIA STREET
CITY: TORRANCE
STATE: CA
ZIP: 90503
BUSINESS PHONE: 3109724015
MAIL ADDRESS:
STREET 1: 2929 CALIFORNIA STREET
CITY: TORRANCE
STATE: CA
ZIP: 90503
FORMER COMPANY:
FORMER CONFORMED NAME: MOTORCAR PARTS AMERICA INC
DATE OF NAME CHANGE: 20040112
FORMER COMPANY:
FORMER CONFORMED NAME: MOTORCAR PARTS & ACCESSORIES INC
DATE OF NAME CHANGE: 19940128
4
1
primarydocument.xml
PRIMARY DOCUMENT
X0306
4
2020-06-17
false
0000918251
MOTORCAR PARTS AMERICA INC
MPAA
0001437480
Lee David Sung
2929 CALIFORNIA STREET
TORRANCE
CA
90503
false
true
false
false
CFO
Common Stock
2021-06-17
4
M
false
2617.00
0.00
A
21202.00
D
Stock Option
15.12
2020-06-17
4
M
false
5656.00
0.00
A
2021-06-17
2030-06-16
Common Stock
5656.00
16967.00
D
Restricted Stock Units
0.00
2021-06-17
4
M
false
2617.00
0.00
D
2030-12-31
Common Stock
2617.00
11036.00
D
Stock Options granted on 6/17/20 have a performance requirement: in order to vest each year, the current price of a share of common stock of MPAA must be at least 8%, 12% and 16% higher than the grant price of $15.12, in order to vest at the first, second and third year after grant, in other words, it must be at least $16.33 in the first year, $16.93 in the second year and $17.54 in the third year, or the vested options will be forfeited for that year. By this report, MPAA reports that the stock options vested for the first year as the performance measure was met.
Vesting 1/3 each year for 3 years from grant date. beginning on 17-Jun-2020
/s/ David Lee
2021-06-21