Eugene I. Lee Jr - May 30, 2022 Form 4 Insider Report for ADVANCE AUTO PARTS INC (AAP)

Role: Director
Signature: /s/ Amanda L. Keister, as Attorney-in-Fact for Eugene I. Lee, Jr
Stock symbol: AAP
Transactions as of: May 30, 2022
Transactions value $: $315,000
Form type: 4
Date filed: 6/1/2022, 05:49 PM
Previous filing: Jan 7, 2022
Next filing: Jun 23, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AAP	Common Stock	Award	$165K	+855	+6.42%	$193.05	14.2K	May 30, 2022	Direct	F1
transaction	AAP	Common Stock	Award	$150K	+777	+5.48%	$193.05	14.9K	May 30, 2022	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 30, 2023 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.

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 30, 2023 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 Selected Executives.