Sec Form 4 Filing - Peker Lev @ PARTS iD, Inc. - 2024-02-22

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 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 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 PARTS iD, Inc. [ ID] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 1 CORPORATE DRIVE, SUITE C 3. Date of Earliest Transaction (MM/DD/YY) 02/22/2024 (Street) CRANBURY, NJ08512 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Class A Common Stock 02/22/2024 D 1,526,582 ( 1 ) ( 2 ) ( 3 ) A $ 0 0 D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction 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 (MM/DD/YY) 7. Title and Amount of Underlying Securities (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 Warrant (Right to Purchase) $ 0.48 02/22/2024 D( 1 )( 2 ) 1,562,500 ( 2 ) ( 2 ) Class A Common Stock 1,562,500 ( 2 ) 0 D Warrant (Right to Purchase) $ 0.5 02/22/2024 D( 1 )( 2 ) 50,000 ( 2 ) ( 2 ) Class A Common Stock 50,000 ( 2 ) 0 D Warrant (Right to Purchase) $ 0.42 02/22/2024 D( 1 )( 2 ) 4,761,904 ( 2 ) ( 2 ) Class A Common Stock 4,761,904 ( 2 ) 0 D Convertible Notes ( 4 ) 02/22/2024 J( 1 )( 2 )( 4 ) ( 4 ) ( 4 ) Class A Common Stock ( 4 ) $ 250,000 0 D Convertible Notes ( 5 ) 02/22/2024 J( 1 )( 2 )( 5 ) ( 5 ) ( 5 ) Class A Common Stock ( 5 ) $ 750,000 0 D Convertible Notes ( 4 ) 02/22/2024 J( 1 )( 2 )( 4 ) ( 4 ) ( 4 ) Class A Common Stock ( 4 ) $ 2,000,000 0 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Peker Lev 1 CORPORATE DRIVE SUITE C CRANBURY, NJ08512 X Signatures /s/ Lev Peker 02/22/2024 Signature of Reporting Person Date

Explanation of Responses:

( 1 )On December 26, 2023, PARTS iD, Inc. (the "Issuer") and certain subsidiary PARTS iD, LLC (collectively, with the Issuer, the "Debtors"), filed voluntary petitions in the United States Bankruptcy Court for the District of Delaware (the "Bankruptcy Court") seeking relief under the provisions of Chapter 11 of Title 11 of the United States Bankruptcy Code. On February 5, 2024, the Bankruptcy Court entered an order confirming the Debtors' Second Amended Joint Prepackaged Chapter 11 Plan of Reorganization (as amended, modified or supplemented from time to time, the "Plan"), and on February 22, 2024 (the "Effective Date"), the Plan became effective pursuant to its terms and the Debtors emerged from bankruptcy. ( 2 )On the Effective Date, all of the Company's previously outstanding shares of Class A common stock, including options, warrants, rights, restricted stock units or other securities or agreements to acquire such common stock, were cancelled and extinguished in accordance with the Plan approved by the Bankruptcy Court. ( 3 )Includes 1,500,000 unvested restricted stock units. ( 4 )In accordance with the Plan approved by the Bankruptcy Court, as a holder of Subordinated Secured Note Claims (as defined in the Plan), Mr. Peker will be entitled to receive two (2) of the following, provided, however, that no holder of a Subordinated Secured Note Claim will receive, in the aggregate, more than 100% of amount of such holder's Subordinated Secured Note Claim: (A) payment in cash of 55% of such Subordinated Secured Note Claim, (B) such holder's pro rata share from the net recoveries (after payments of fees, litigation financing and taxes) from the Litigation Proceeds (as defined in the Plan) and (C) payment in cash upon the achievement of an EBITDA target to be agreed between the Plan Sponsor (as defined in the Plan) and the Debtors. ( 5 )In accordance with the Plan approved by the Bankruptcy Court, unsecured note claims were discharged and received no distribution under the Plan.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

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