Eugene I. Lee Jr - Jun 4, 2024 Form 4 Insider Report for ADVANCE AUTO PARTS INC (AAP)

Role
Director
Signature
/s/ Amanda L. Keister, as Attorney-in-Fact for Eugene I. Lee, Jr
Stock symbol
AAP
Transactions as of
Jun 4, 2024
Transactions value $
$315,000
Form type
4
Date filed
6/5/2024, 04:33 PM
Previous filing
Apr 30, 2024
Next filing
Jul 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AAP Common Stock Award $165K +2.53K +3.63% $65.21 72.2K Jun 4, 2024 Direct F1
transaction AAP Common Stock Award $150K +2.3K +3.19% $65.21 74.5K Jun 4, 2024 Direct F2
holding AAP Common Stock 19.4K Jun 4, 2024 By Family Trust
* 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 4, 2025 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.
F2 A portion of these shares of issuer common stock were acquired by the reporting person in lieu of cash compensation under the Advance Auto Parts, Inc. Deferred Stock Unit Plan for Non-Employee Directors and Selected Executives.