ADVANCE AUTO PARTS INC 4
4 · ADVANCE AUTO PARTS INC · Filed Mar 3, 2016
Insider Transaction Report
Form 4
WADE JIMMIE L
President
Transactions
- Award
Common Stock
2016-03-01+806→ 31,013 total - Tax Payment
Common Stock
2016-03-01$153.35/sh−267$40,944→ 30,746 total
Footnotes (2)
- [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]Represents shares withheld to satisfy a tax withholding obligation upon the vesting of performance restricted stock units.