Sec Form 4 Filing - SELWYN JOFFE @ MOTORCAR PARTS AMERICA INC - 2020-06-20

Insider filing report for Changes in Beneficial Ownership
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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
SELWYN JOFFE
2. Issuer Name and Ticker or Trading Symbol
MOTORCAR PARTS AMERICA INC [ MPAA]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President, CEO & Chairman
(Last) (First) (Middle)
2929 CALIFORNIA STREET
3. Date of Earliest Transaction (MM/DD/YY)
06/20/2020
(Street)
TORRANCE, CA90503
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
Common Stock 06/20/2020 M 8,133 A 216,316 D
Common Stock 06/20/2020 F 2,813 ( 2 ) D $ 15.72 213,503 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
Restricted Stock Unit ( 3 ) 06/20/2020 M 8,133 ( 4 ) ( 4 ) Common Stock 8,133 $ 0 93,518 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SELWYN JOFFE
2929 CALIFORNIA STREET
TORRANCE, CA90503
X President, CEO & Chairman
Signatures
/s/ Selwyn Joffe 06/23/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )These shares were acquired upon the vesting of restricted stock units granted to the reporting person on June 20, 2017.
( 2 )These shares were withheld by Motorcar Parts of America, Inc. to pay the tax liability incident to the vesting of the restricted stock units granted on June 20, 2017.
( 3 )Each restricted stock unit represents a contingent right to receive one share of MPAA common stock.
( 4 )On June 20, 2017, the reporting person was granted 24,400 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.

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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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