Shane M. OKelly - 18 Sep 2023 Form 4 Insider Report for ADVANCE AUTO PARTS INC (AAP)

Role
Director, President and CEO, Director
Signature
/s/ Amanda L. Keister, as Attorney-in-Fact for Shane M. OKelly
Issuer symbol
AAP
Transactions as of
18 Sep 2023
Net transactions value
+$4,593,593
Form type
4
Filing time
20 Sep 2023, 20:52:26 UTC
Previous filing
19 Sep 2023
Next filing
18 Mar 2024
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 $4,593,593 +78,982 $58.16 78,982 18 Sep 2023 Direct F1

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
transaction AAP Stock Option (right to buy) Award $0 +150,000 $0.000000 150,000 18 Sep 2023 Common Stock 150,000 $58.16 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported amount represents an equity award of time-based restricted stock units (RSUs) that are subject to time vesting in three approximately equal annual installments beginning one year from the grant date.
F2 The option vests in three equal annual installments beginning on September 17, 2024.