Broome Donna J 4
4 · ADVANCE AUTO PARTS INC · Filed Jan 23, 2013
Insider Transaction Report
Form 4
Broome Donna J
SVP, Team Member Excellence
Transactions
- Award
Common Stock
2012-08-13+88→ 5,008 total - Award
Stock Appreciation Right
2012-08-13+913→ 913 totalExercise: $69.11Exp: 2019-08-13→ Common Stock (913 underlying)
Footnotes (1)
- [F1]The reported amount of restricted stock units (RSUs) and stock appreciation rights (SARs), collectively, represents the 75% portion of a target equity award that is subject to time vesting in three approximately equal annual installments beginning one year from the grant date. The remaining 25% of the target equity award may vest on August 13, 2015, if the registrant achieves certain pre-determined financial performance targets, subject to certification by the registrant's Compensation Committee on March 1, 2015. In addition, if the registrant's financial performance exceeds the target levels, the reporting person may receive additional RSUs and SARs up to a maximum of an additional 100% of the target award level.