John F. Ferraro - May 27, 2021 Form 4 Insider Report for ADVANCE AUTO PARTS INC (AAP)

Role
Director
Signature
/s/ Amanda Keister, as Attorney-in-Fact for John F. Ferraro
Stock symbol
AAP
Transactions as of
May 27, 2021
Transactions value $
$270,000
Form type
4
Date filed
5/28/2021, 03:10 PM
Previous filing
May 7, 2021
Next filing
Jul 6, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AAP Common Stock Award $155K +822 +8.69% $188.64 10.3K May 27, 2021 Direct F1
transaction AAP Common Stock Award $115K +610 +5.86% $188.64 11K May 27, 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These deferred stock units, which will be converted to shares of issuer common stock at the time of distribution, were awarded under the Advance Auto Parts, Inc. Deferred Stock Unit Plan for Non-Employee Directors and Selected Executives. These shares will vest on May 27, 2022 and will be distributed on a pro-rata basis if board service ends prior to the vesting date. Otherwise, these shares will be distributed to the reporting person at the end of the director's board service.
F2 These shares of issuer common stock were acquired by the reporting person in lieu of cash compensation under the Advance Auto Parts, Inc. Deferred Stock Unit Plan for Non-Employee Directors and Selected Executives.