0001562180-24-005812.txt : 20240719
0001562180-24-005812.hdr.sgml : 20240719
20240719200908
ACCESSION NUMBER: 0001562180-24-005812
CONFORMED SUBMISSION TYPE: 4/A
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230617
FILED AS OF DATE: 20240719
DATE AS OF CHANGE: 20240719
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SELWYN JOFFE
CENTRAL INDEX KEY: 0001160863
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33861
FILM NUMBER: 241129033
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: MOTORCAR PARTS OF AMERICA INC
CENTRAL INDEX KEY: 0000918251
STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714]
ORGANIZATION NAME: 04 Manufacturing
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: 20100614
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/A
1
primarydocument.xml
PRIMARY DOCUMENT
X0508
4/A
2023-06-17
2023-06-21
false
0000918251
MOTORCAR PARTS OF AMERICA INC
MPAA
0001160863
SELWYN JOFFE
2929 CALIFORNIA STREET
TORRANCE
CA
90503
true
true
false
false
President, CEO & Chairman
false
Common Stock
2023-06-17
4
M
false
15635.00
0.00
A
418570.00
D
Common Stock
2023-06-17
4
F
false
5246.00
6.68
D
413324.00
D
Common Stock
2023-06-18
4
M
false
6684.00
0.00
A
420008.00
D
Common Stock
2023-06-18
4
F
false
2040.00
6.68
D
417968.00
D
Common Stock
2023-06-20
4
M
false
12687.00
0.00
A
430655.00
D
Common Stock
2023-06-20
4
F
false
3405.00
6.42
D
427250.00
D
Common Stock
2023-06-20
4
F
false
7401.00
6.42
D
419849.00
D
Common Stock
2023-06-20
4
M
false
27058.00
0.00
A
446907.00
D
Restricted Stock Units
0.00
2023-06-17
4
M
false
15635.00
0.00
D
2029-12-31
Common Stock
15635.00
0.00
D
Restricted Stock Units
0.00
2023-06-18
4
M
false
6684.00
0.00
D
2029-12-31
Common Stock
6684.00
6683.00
D
Performance Based Stock Units
0.00
2023-06-19
4
A
false
139953.00
0.00
A
2026-06-30
Common Stock
139953.00
139953.00
D
Performance Based Restricted Stock
0.00
2023-06-20
4
M
false
27058.00
0.00
D
2023-06-20
2023-06-30
Common Stock
27058.00
0.00
D
Restricted Stock Units
0.00
2023-06-20
4
M
false
12687.00
0.00
D
2025-12-31
Common Stock
12687.00
25374.00
D
Used to pay taxes upon vesting of RSUs.
Sold to pay taxes on Performance Based Restricted Stock Award.
This amended Form 4 is being filed to correct an error in the number of shares vested from Mr. Joffe's Performance Based Restricted Stock grant of June 20, 2022. He met 27.06% of the performance criteria and thus vested in 27,058 shares of common stock, instead of 19,657 shares as reported on his June 21, 2023 form 4 filing.
Vesting 1/3 each year for 3 years from grant date. beginning on 17-Jun-2020
Vesting 1/3 each year for 3 years from grant date. beginning on 18-Jun-2021
These Performance Based Stock Units will vest 1/3 when the Company Common Stock price reaches $10/share for at least 30 days, another 1/3 will vest when the Company Common Stock price reaches $15 for at least 30 days, the last 1/3 of the grant will vest when the Company Stock price reaches $20/share for at least 30 days. The last 1/3 may vest at 50%-100% if the Common Stock price reaches between $17.50 - $20 for at least 30 days, and may vest at 100%- 150% if the Common Stock price reaches between $20-$25 for at least 30 days.
Vesting 1/3 each year for 3 years from grant date. beginning on 20-Jun-2022
/s/ Selwyn Joffe
2024-07-19