Ryan P. Grimsland - 04 Dec 2023 Form 4 Insider Report for ADVANCE AUTO PARTS INC (AAP)

Signature
/s/ Amanda L. Keister, as Attorney-in-Fact for Ryan P. Grimsland
Issuer symbol
AAP
Transactions as of
04 Dec 2023
Net transactions value
+$1,600,030
Form type
4
Filing time
06 Dec 2023, 16:43:18 UTC
Previous filing
05 Dec 2023
Next filing
18 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AAP Common Stock Award $1,600,030 +28,762 $55.63 28,762 04 Dec 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 +18,149 $0.000000 18,149 04 Dec 2023 Common Stock 18,149 $55.63 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 options vest in three equal annual installments beginning on December 4, 2024.