0001562180-21-004418.txt : 20210621
0001562180-21-004418.hdr.sgml : 20210621
20210621213115
ACCESSION NUMBER: 0001562180-21-004418
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: SELWYN JOFFE
CENTRAL INDEX KEY: 0001160863
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33861
FILM NUMBER: 211032855
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
0001160863
SELWYN JOFFE
2929 CALIFORNIA STREET
TORRANCE
CA
90503
true
true
false
false
President, CEO & Chairman
Common Stock
2021-06-17
4
M
false
15635.00
0.00
A
236896.00
D
Common Stock
2021-06-17
4
F
false
8029.00
23.66
D
228867.00
D
Stock Option
15.12
2020-06-17
4
M
false
33791.00
0.00
A
2021-06-17
2030-06-16
Common Stock
33791.00
101374.00
D
Restricted Stock Units
0.00
2021-06-17
4
M
false
15635.00
0.00
D
2030-12-31
Common Stock
15635.00
66023.00
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/ Selwyn Joffe
2021-06-21