Filing Details
- Accession Number:
- 0001209191-23-016417
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-03-06 17:23:27
- Reporting Period:
- 2023-03-02
- Accepted Time:
- 2023-03-06 17:23:27
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 868780 | Dorman Products Inc. | DORM | Motor Vehicle Parts & Accessories (3714) | 232078856 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1205405 | L Steven Berman | C/O Dorman Products, Inc. 3400 East Walnut Street Colmar PA 18915 | Executive Chairman | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2023-03-02 | 269 | $91.28 | 996,764 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2023-03-03 | 3,616 | $72.55 | 1,000,380 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-03-03 | 3,616 | $90.62 | 996,764 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2023-03-03 | 3,616 | $0.00 | 3,616 | $72.55 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 1,396 | 2023-03-07 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 49,925 | Indirect | By Charitable Remainder Trust |
| Common Stock | 24,755 | Indirect | By 401(k) |
| Common Stock | 100,000 | Indirect | By trust |
Footnotes
- These shares were withheld by the Issuer upon the vesting of restricted stock units to satisfy the Reporting Person's tax withholding obligations. Such withholding is treated as a disposition of securities under Section 16 of the Securities Exchange Act of 1934, as amended.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.50 to $90.86. The reporting person undertakes to provide to Dorman Products, Inc., any security holder of Dorman Products, Inc. or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- The shares are represented by units held in a unitized stock fund through the Issuer's 401(k) Retirement Plan and Trust. The unitized stock fund of the Issuer's 401(k) Retirement Plan and Trust consists of cash and common stock in amounts that vary from time to time. As of March 2, 2023, the Reporting Person had 16,374 units in the Issuer's 401(k) Retirement Plan and Trust, which units consisted of 24,755 shares of common stock.
- These shares are held in trust for the benefit of the reporting person's grandchildren. The reporting person's spouse is a co-trustee of the trust. The reporting person disclaims beneficial ownership of the shares held by such trust, and this report should not be deemed an admission that the reporting person is the beneficial owner of the trust's shares for purposes of Section 16 or for any other purpose.
- The option, representing a right to purchase a total of 5,012 shares, vested in four equal annual installments beginning on March 7, 2019, which was the first anniversary of the date of grant.
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