Sridhar R. Donthi - May 21, 2024 Form 3 Insider Report for ADVANCE AUTO PARTS INC (AAP)

Role
EVP, Chief Technology Officer
Signature
/s/ Amanda L. Keister, as Attorney-in-Fact for Sridhar R. Donthi
Stock symbol
AAP
Transactions as of
May 21, 2024
Transactions value $
$0
Form type
3
Date filed
5/31/2024, 04:30 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AAP Common Stock 26K May 21, 2024 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) May 21, 2024 Common Stock 4.5K $176.50 Direct F1
holding AAP Stock Option (right to buy) May 21, 2024 Common Stock 3.94K $204.48 Direct F2
holding AAP Stock Option (right to buy) May 21, 2024 Common Stock 6.01K $135.13 Direct F3
holding AAP Stock Option (right to buy) May 21, 2024 Common Stock 8.54K $79.53 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 8, 2021, there were 4,053 stock options granted which vested in three equal annual installments beginning one year from the grant date. None have been exercised.
F2 On February 28, 2022, there were 3,940 stock options granted which vest in three equal annual installments beginning one year from the grant date. 1,313 options vested on February 27, 2023 and 1,313 vested on February 27, 2024. None have been exercised. The remaining 1,314 shares will vest on February 27, 2025.
F3 On March 6, 2023, there were 6,005 stock options granted which vest in three equal annual installments beginning one year from the grant date. 2,001 options vested on March 5, 2024. None have been exercised. The remaining 4,004 shares will vest on March 5, 2025 and March 5, 2026.
F4 The option vests in three equal annual installments beginning on March 13, 2025. The option was granted on March 14, 2024.

Remarks:

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