ADVANCE AUTO PARTS INC 4
4 · ADVANCE AUTO PARTS INC · Filed Mar 3, 2016
Insider Transaction Report
Form 4
Norona Michael A
EVP, Chief Financial Officer
Transactions
- Award
Common Stock
2016-03-01+1,612→ 26,696 total - Tax Payment
Common Stock
2016-03-01$153.35/sh−3,444$528,137→ 30,306 total - Award
Common Stock
2016-03-01+7,054→ 33,750 total - Award
Stock Appreciation Rights
2016-03-01+18,449→ 18,449 totalExercise: $73.17From: 2016-03-01Exp: 2019-12-03→ Common Stock (18,449 underlying)
Footnotes (3)
- [F1]As previously reported, on December 3, 2012 the reporting person received an equity award, a portion of which was subject to the registrant achieving certain pre-determined financial performance targets subject to certification by the registrant's Compensation Committee. On March 1, 2016 the registrant's Compensation Committee determined that these performance conditions had been achieved at a level providing for a payout of 109% of the target award. The reported amount of common stock and stock appreciation rights (SARs) are fully vested and collectively represent the final vesting under this award.
- [F2]On March 1, 2013 and August 12, 2013, the reporting person received equity awards which were subject to achieving certain predetermined financial performance targets subject to certification by the registrant's Compensation Committee. On March 1, 2016, the registrant's Compensation Committee determined that these performance conditions had been achieved at a level providing for a payout of 100% of the target award.
- [F3]Represents shares withheld to satisfy a tax withholding obligation upon the vesting of performance restricted stock units.