Arthur L. Valdez Jr - Jun 12, 2023 Form 4 Insider Report for ADVANCE AUTO PARTS INC (AAP)

Role: Director
Signature: /s/ Amanda L. Keister, as Attorney-in-Fact for Arthur L. Valdez Jr.
Stock symbol: AAP
Transactions as of: Jun 12, 2023
Transactions value $: $165,000
Form type: 4
Date filed: 6/14/2023, 06:08 PM
Previous filing: May 2, 2023
Next filing: Aug 1, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AAP	Common Stock	Award	$165K	+2.47K	+96.78%	$66.89	5.02K	Jun 12, 2023	Direct	F1

* 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 June 12, 2024 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.

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 June 12, 2024 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.