Kristen L. Soler - 21 May 2023 Form 3 Insider Report for ADVANCE AUTO PARTS INC (AAP)

Signature
/s/ Amanda L. Keister, as Attorney-in-Fact for Soler Kristen L
Issuer symbol
AAP
Transactions as of
21 May 2023
Net transactions value
$0
Form type
3
Filing time
31 May 2023, 21:59:28 UTC
Next filing
14 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AAP Common Stock 6,029 21 May 2023 Direct

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
holding AAP Stock Option (right to buy) 21 May 2023 Common Stock 1,765 $135.13 Direct F1
holding AAP Stock Option (right to buy) 21 May 2023 Common Stock 1,158 $204.48 Direct F2
holding AAP Stock Option (right to buy) 21 May 2023 Common Stock 1,326 $176.50 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vests in three equal annual installments beginning on March 5, 2024. The option was granted on March 6, 2023.
F2 On February 28, 2022, there were 1,158 stock options granted which vest in three equal annual installments beginning one year from the grant date. 386 options vested on February 27, 2023. None have been exercised. The remaining 772 shares will vest on February 27, 2024 and February 27, 2025.
F3 On March 8, 2021, there were 1,326 stock options granted which vest in three equal annual installments beginning one year from the grant date. 442 options vested on March 7, 2022 and 442 vested on March 7, 2023. None have been exercised. The remaining 442 shares will vest on March 7, 2024.

Remarks:

This Form 3 was executed by Amanda L. Keister as Attorney-in-Fact for Kristen L. Soler pursuant to the Power of Attorney attached hereto as Exhibit 24 - Power of Attorney