-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, SoYMd+UhoQSXXLxGnpcCS5lOG7FtLFDqB27gDUnpDIVp30FXQYkxuNB/fiLh9LyG dca1UdqkFc7P/eX+SVnvSQ== 0000950150-06-000014.txt : 20060221 0000950150-06-000014.hdr.sgml : 20060220 20060221173021 ACCESSION NUMBER: 0000950150-06-000014 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060221 DATE AS OF CHANGE: 20060221 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MOTORCAR PARTS AMERICA INC CENTRAL INDEX KEY: 0000918251 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690] IRS NUMBER: 112153962 STATE OF INCORPORATION: NY FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-44585 FILM NUMBER: 06634113 BUSINESS ADDRESS: STREET 1: 2929 CALIFORNIA STREET CITY: TORRANCE STATE: CA ZIP: 90503 BUSINESS PHONE: 3109724057 MAIL ADDRESS: STREET 1: 2929 CALIFORNIA STREET CITY: TORRANCE STATE: CA ZIP: 90503 FORMER COMPANY: FORMER CONFORMED NAME: MOTORCAR PARTS & ACCESSORIES INC DATE OF NAME CHANGE: 19940128 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MARKS MEL CENTRAL INDEX KEY: 0000938945 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: C/O MOTORCAR PARTS & ACCESSORIES INC STREET 2: 144 WOODBURY ROAD CITY: WOODBURY STATE: NY ZIP: 11797 BUSINESS PHONE: 5163672610 MAIL ADDRESS: STREET 1: 144 WOODBURY ROAD CITY: WOODBURY STATE: NY ZIP: 11797 SC 13D/A 1 a17010a4sc13dza.htm MR. MEL MARKS FOR MOTORCAR PARTS OF AMERICA, INC. sc13dza
 

     
 
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934
(Amendment No. 4 )*

MOTORCAR PARTS OF AMERICA, INC.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
620071100
(CUSIP Number)
MEL MARKS, c/o Motorcar Parts of America, Inc.
2929 California St.,
Torrance, CA 90503
(310) 2127910
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
February 16, 2006
(Date of Event Which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

 
 

 

                     
CUSIP No.
  
620071100 
   Page  
 
   of   
 

 

           
1   NAMES OF REPORTING PERSONS:

Mr. Mel Marks
   
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY):
 
   
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
  (a)   o 
  (b)   þ 
     
3   SEC USE ONLY:
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS):
   
  PF
     
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e):
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION:
   
  United States
       
  7   SOLE VOTING POWER:
     
NUMBER OF   1,893,639
       
SHARES 8   SHARED VOTING POWER:
BENEFICIALLY    
OWNED BY   -0-
       
EACH 9   SOLE DISPOSITIVE POWER:
REPORTING    
PERSON   1,893,639
       
WITH 10   SHARED DISPOSITIVE POWER:
     
    -0-
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
   
  1,893,639
     
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
   
  23%
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
   
  IN

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1.   SECURITY AND ISSUER.
 
    This Amendment No. 4 to Schedule 13D (the “Statement”) is filed by Mel Marks in his individual capacity. This Statement relates to the common stock, par value $0.01 per share of Motorcar Parts of America, Inc., a New York corporation (the “Issuer”) and replaces the Statements on Schedule 13D previously filed by Mel Marks with respect to the Issuer as well as prior amendments thereto. The address of the Issuer’s principal executive offices is 2929 California Street, Torrance, California 90503.
 
2.   IDENTITY AND BACKGROUND.
 
    Mel Marks founded the Issuer in 1968 and currently serves as a director and consultant. The principal business address of Mel Marks is 2929 California Street, Torrance, California 90503. Mel Marks is a United States citizen.
 
    Mel Marks has not, during the past five years, been named or convicted in any criminal proceeding excluding traffic violations or similar misdemeanors.
 
    Mel Marks has not, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction which resulted in a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to federal or state securities laws or finding any violation with respect to such laws.
 
3.   SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
 
    Not Applicable.
 
4.   PURPOSE OF TRANSACTION.
 
    Mr. Marks acquired the majority of his common stock as a founder of the Issuer. Additional shares were acquired in September 2001. He has held his shares for investment purposes.
 
    Mr. Marks has determined to operate individually and not in concert with any other person for the purpose of making decisions respecting the voting or sale of his MPAA securities.
 
    He may at any time and from time to time acquire additional Common Stock through the exercise of options issued by MPAA and/or dispose of any or all of his Common Stock depending upon his ongoing evaluation of the investment in the Issuer, prevailing market conditions, other investment opportunities, his own liquidity requirements and/or other investment considerations.
 
    He may also, consistent with his estate planning objectives, sell or dispose of significant

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    portions of his MPAA Common Stock in order to diversify his holdings, satisfy estate planning considerations, and provide for his heirs. Pursuant thereto, he anticipates selling his MPAA shares to the extent allowed by SEC Rule 144.
 
    Pursuant to a Rule 10b5-1 Plan filed with the Issuer by Mel Marks and SEC Rule 144, Mel Marks may sell under Rule 144 in any three month period up to 1% of the Issuer’s common stock up to a total of 280,000 shares for the period ending January 15, 2007. In so acting, Mr. Marks will be operating independently and not in concert with his son, Richard Marks. Mel Marks disclaims any beneficial interest in shares owned, held or controlled by Richard Marks.
 
    In accordance with his position as director, consultant and shareholder of the Issuer, Mel Marks may engage in communications with one or more shareholders of the Issuer, one or more officers of the Issuer and/or one or more of the board of directors of the Issuer and/or one or more representatives of the Issuer regarding the business and affairs of the Issuer.
 
    He may also discuss with others ideas that, if effected may result in any of the following: the acquisition by persons of additional Common Stock of the Issuer, an extraordinary corporate transaction involving the Issuer, and/or changes in the board of directors or management of the Issuer.
 
    Except to the extent the foregoing may be deemed plans or proposals, Mel Marks does not have any plans or proposals which relate to, or could result in, any of the matters referred to in paragraphs (a) through (j), inclusive, of the instructions to Item 4 of Schedule 13D. He may, at any time and from time to time, review or reconsider his position and/or change his purposes and/or formulate plans or proposals with respect thereto.
 
5.   INTEREST IN SECURITIES OF THE ISSUER.
 
    Mel Marks is presently the beneficial owner of 1,893,639 shares of the Issuer’s common stock and has the power to vote and direct the disposition of said shares. This represents 23% of the outstanding Common Stock of the Issuer. These percentages are based on the calculation that there were 8,208,955 shares of MPAA common stock issued and outstanding as of December, 2005.
 
    On February 16, 2006, Mel Marks pursuant to a Rule 10b5-1 Plan sold in open market transactions through Wachovia Securities pursuant to SEC Rule 144 42,000 shares of the Issuer’s common stock at prices approximating $10.60 per share.

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6.   CONTRACTS, ARRANGEMENT, UNDERSTANDING OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER
 
    Mel Marks, as a director and consultant to the Issuer, is the owner of 6,000 options for the Issuer’s Common Stock exercisable at various prices between $1.13 and $3.60 per share.
 
    Mel Marks incorporates by reference the most recent MPAA Form 10-K and Proxy Statements for further information concerning his contracts with MPAA.
 
7.   MATERIAL TO BE FILED AS EXHIBITS
 
    A. See Rule 10b5-1 Plan executed by Mel Marks and filed in conjunction with Amendment No. 3 to Schedule 13D which is incorporated herein by reference.
SIGNATURES
     After reasonable inquiry and to the best of his knowledge and belief, the undersigned certifies that the information set forth in this Statement is true, complete and correct.
         
Dated: February 21, 2006
  /s/ MEL MARKS
 
    
 
  MEL MARKS    

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