Statement of Changes in Beneficial Ownership (4)
December 11 2020 - 4:36PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
Peker Lev |
2. Issuer Name and Ticker or Trading Symbol
CarParts.com, Inc.
[
PRTS
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chief Executive Officer |
(Last)
(First)
(Middle)
2050 W. 190TH STREET, SUITE 400 |
3. Date of Earliest Transaction
(MM/DD/YYYY)
12/9/2020 |
(Street)
TORRANCE, CA 90504
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock | 12/9/2020 | | S(1) | | 250000 | D | $15.03 (2) | 446954 | D | |
Common Stock | 12/10/2020 | | S(1) | | 126100 | D | $13.63 (2) | 320854 | D | |
Common Stock | 12/11/2020 | | S(1) | | 123900 | D | $13.65 (2) | 196954 | D | |
Common Stock | | | | | | | | 38869 | I | By IRA |
Common Stock | | | | | | | | 56000 | I | By Spouse's IRA (3) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Explanation of Responses: |
(1) | A portion of the sale proceeds will be used by the Reporting Person to satisfy tax liabilities. |
(2) | The price reported above reflects the weighted-average sale price for each day, with the low and high price from the range of prices shown as follows: December 9, 2020: Low price of $14.14 and a high price of $15.37; December 10, 2020: Low price of $13.50 and a high price of $13.78; December 11, 2020: Low price of $13.50 and a high price of $13.80. 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. |
(3) | The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Peker Lev 2050 W. 190TH STREET, SUITE 400 TORRANCE, CA 90504 | X |
| Chief Executive Officer |
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Signatures
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/s/ Lev Peker | | 12/11/2020 |
**Signature of Reporting Person | Date |
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