<SEC-DOCUMENT>0001140361-23-016718.txt : 20230405
<SEC-HEADER>0001140361-23-016718.hdr.sgml : 20230405
<ACCEPTANCE-DATETIME>20230405161731
ACCESSION NUMBER:		0001140361-23-016718
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20230331
FILED AS OF DATE:		20230405
DATE AS OF CHANGE:		20230405

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Trussler Douglas B
		CENTRAL INDEX KEY:			0001298747

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33861
		FILM NUMBER:		23802768

	MAIL ADDRESS:	
		STREET 1:		39 EAST UNION STREET
		CITY:			PASADENA
		STATE:			CA
		ZIP:			91103

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MOTORCAR PARTS OF AMERICA INC
		CENTRAL INDEX KEY:			0000918251
		STANDARD INDUSTRIAL CLASSIFICATION:	MOTOR VEHICLE PARTS & ACCESSORIES [3714]
		IRS NUMBER:				112153962
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			0331

	BUSINESS ADDRESS:	
		STREET 1:		2929 CALIFORNIA STREET
		CITY:			TORRANCE
		STATE:			CA
		ZIP:			90503
		BUSINESS PHONE:		3109724015

	MAIL ADDRESS:	
		STREET 1:		2929 CALIFORNIA STREET
		CITY:			TORRANCE
		STATE:			CA
		ZIP:			90503

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MOTORCAR PARTS AMERICA INC
		DATE OF NAME CHANGE:	20100614

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MOTORCAR PARTS  AMERICA INC
		DATE OF NAME CHANGE:	20040112

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MOTORCAR PARTS & ACCESSORIES INC
		DATE OF NAME CHANGE:	19940128
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form4.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0407</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2023-03-31</periodOfReport>

    <issuer>
        <issuerCik>0000918251</issuerCik>
        <issuerName>MOTORCAR PARTS OF AMERICA INC</issuerName>
        <issuerTradingSymbol>MPAA</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001298747</rptOwnerCik>
            <rptOwnerName>Trussler Douglas B</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>233 WILSHIRE BOULEVARD, SUITE 425</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>SANTA MONICA</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>90401</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>true</isDirector>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>false</aff10b5One>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>10% Convertible Promissory Notes due 2029</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>15</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2023-03-31</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionTotalValue>
                    <value>32000000</value>
                    <footnoteId id="F1"/>
                </transactionTotalValue>
                <transactionPricePerShare>
                    <value>32000000</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <value>2029-03-30</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>2133333</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>32000000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Note</value>
                    <footnoteId id="F3"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">The reporting person was appointed to the issuer's board of directors pursuant to the terms of that certain Note Purchase Agreement, dated March 31, 2023 between Motorcar Parts of America, Inc., Bison Capital Partners VI, L.P., and Bison Capital Partners VI-A, L.P. (the &quot;Agreement&quot;). Pursuant to the Agreement, Bison Capital Partners VI, L.P. and Bison Capital Partners VI-A, L.P. purchased an aggregate of $32,000,000 in principal amount of 10% convertible promissory notes. The reporting person may be deemed to have a pecuniary interest in such securities and disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. For more information on the Agreement, please refer to the Current Report on Form 8-K filed by Motorcar Parts of America, Inc. on March 31, 2023.</footnote>
        <footnote id="F2">The holders of the securities have the right at any time and from time to time to convert all or any portion of the notes into fully paid, non-assessable and freely tradeable shares of common stock of the issuer.</footnote>
        <footnote id="F3">Douglas Trussler currently serves as representative on the issuer's board of directors for Bison Capital Partners VI, L.P. and Bison Capital Partners VI-A, L.P., and therefore each of Bison Capital Partners VI, L.P., Bison Capital Partners VI-A, L.P., and Bison Capital Partners VI GP, L.P., the general partner of each such entity, may be deemed a &quot;director by deputization&quot; of the issuer. Douglas Trussler also serves as the general partner of Bison Capital Partners GP, LLC, the general partner of Bison Capital Partners VI GP, L.P., the general partner of Bison Capital Partners VI, L.P. and Bison Capital Partners VI-A, L.P.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Douglas Trussler</signatureName>
        <signatureDate>2023-04-04</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
