EUGENE I. LEE JR - 27 May 2021 Form 4 Insider Report for ADVANCE AUTO PARTS INC (AAP)

Role: Director
Signature: /s/ Amanda Keister, as Attorney-in-Fact for Eugene I. Lee, Jr
Issuer symbol: AAP
Transactions as of: 27 May 2021
Net transactions value: +$400,000
Form type: 4
Filing time: 28 May 2021, 15:16:55 UTC
Previous filing: 05 Apr 2022
Next filing: 24 Jun 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AAP	Common Stock	Award	$155,000	+822	+7.7%	$188.64	11,503	27 May 2021	Direct	F1
transaction	AAP	Common Stock	Award	$245,000	+1,299	+11%	$188.64	13,093	27 May 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 SelectedExecutives.

Content

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.

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 SelectedExecutives.