William P. Stengel II - May 3, 2024 Form 4 Insider Report for GENUINE PARTS CO (GPC)

Role
President
Signature
/s/ Chris Galla, Attorney in Fact
Stock symbol
GPC
Transactions as of
May 3, 2024
Transactions value $
-$1,312,752
Form type
4
Date filed
5/7/2024, 02:55 PM
Previous filing
May 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GPC Common Stock Tax liability -$132K -836 -2.79% $157.65 29.1K May 3, 2024 Direct
transaction GPC Common Stock Tax liability -$1.18M -7.49K -25.72% $157.65 21.6K May 3, 2024 Direct
transaction GPC Common Stock Award $0 +16.7K +77.19% $0.00 38.3K May 3, 2024 Direct
transaction GPC Common Stock Options Exercise $0 +1.86K +4.86% $0.00 40.2K May 3, 2024 Direct F1
transaction GPC Common Stock Award $0 +14K +34.76% $0.00 54.2K May 3, 2024 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GPC Restricted Stock Units Options Exercise $0 +1.86K $0.00* 0 May 3, 2024 Common Stock 1.86K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person's ending balance has increased by 5,454 shares to account for the total number of shares acquired pursuant to his RSU award granted on May 3, 2021 (the "2021 RSU Grant"), which vested in equal installments on May 3, 2022, May 3, 2023 and May 3, 2024. The 1,774 shares and 1,817 shares (which, in each case, include accrued dividends) that vested on May 3, 2022 and May 3, 2023, respectively, were incorrectly omitted in prior years. The 1,863 acquired on May 3, 2024 reflects the remaining unvested portion of the 2021 RSU Grant, as well as 134 shares of accrued dividends.
F2 Reflects a grant of time-based RSUs that vests in equal annual installments on the first three anniversaries of the grant date.
F3 Each restricted stock unit represents a contingent right to receive one share of GPC common stock at a future date.
F4 The restricted stock units vested and converted to shares of common stock on the 3rd of May in 2022, 2023, and 2024. See Footnote 1 for further information.