CarParts.com, Inc. Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Stockholders' Equity and Share-Based Compensation

Stockholders' Equity and Share-Based Compensation

3 Months Ended

Mar. 29, 2025

Stockholders' Equity and Share-Based Compensation

Stockholders' Equity and Share-Based Compensation

Note 3 – Stockholders’ Equity and Share-Based Compensation

Options and Restricted Stock Units

The Company had the following common stock option activity during the thirteen weeks ended March 29, 2025:

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Granted options to purchase 100 common shares.

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Exercise of 0 options to purchase common shares.

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Forfeiture of 0 options to purchase common shares.

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Expiration of 58 options to purchase common shares.

The following table summarizes the Company’s restricted stock unit ("RSU") and restricted stock award (“RSA”) activity for the thirteen weeks ended March 29, 2025, and details regarding the awards outstanding and exercisable as of March 29, 2025 (in thousands):



			Weighted Average
			Grant Date	Aggregate
	Shares		Fair Value	Intrinsic Value
Vested and expected to vest as of December 28, 2024	5,432
Awarded	1,494
Vested	(1,034)
Forfeited	(51)
Awards outstanding, March 29, 2025	5,841	$	3.63	$	5,315
Vested and expected to vest as of March 29, 2025	5,841	$	3.63	$	5,315

During the thirteen weeks ended March 29, 2025, 1,034 RSUs that vested were time-based.

For the thirteen weeks ended March 29, 2025, we recorded compensation costs related to stock options, RSUs and RSAs of $3,166. For the thirteen weeks ended March 30, 2024, we recorded compensation costs related to stock options and RSUs of $2,824. As of March 29, 2025, there was unrecognized compensation expense related to stock options, RSUs and RSAs of $11,870 that will be expensed through March 2029.