Jeffrey Lauro - Apr 14, 2023 Form 4 Insider Report for O REILLY AUTOMOTIVE INC (ORLY)

Role
SVP OF INFORMATION TECHNOLOGY
Signature
/s/ Jeffrey Lauro
Stock symbol
ORLY
Transactions as of
Apr 14, 2023
Transactions value $
-$468,908
Form type
4
Date filed
4/18/2023, 04:30 PM
Previous filing
Feb 28, 2023
Next filing
May 4, 2023

Transactions Table

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 ORLY Nonqualified employee stock options (right to buy) Options Exercise $0 -740 -100% $0.00* 0 Apr 14, 2023 Common stock 740 $256.34 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transactions reported on this Form 4 were made pursuant to a 10b5-1 trading plan adopted on November 30, 2022.
F2 Total includes 443 shares held under the Company's Employee Stock Purchase Plan and 330 shares held directly by Mr. Lauro.
F3 Total includes 400 shares held in an Individual Retirement Account (IRA) and 221 shares held in the Company's 401k Plan.
F4 The options vest in four equal annual installments beginning on this date.