4//SEC Filing
ADVANCE AUTO PARTS INC 4
Accession 0001158449-17-000051
$AAPCIK 0001158449operating
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 7:01 PM ET
Size
10.6 KB
Accession
0001158449-17-000051
Insider Transaction Report
Form 4
Carter William Harrison
SVP, DIY & Comm Op Support
Transactions
- Award
Stock Appreciation Rights
2017-03-01+204→ 204 totalExercise: $123.32From: 2017-03-01Exp: 2021-02-10→ Common Stock (204 underlying) - Award
Common Stock
2017-03-01$156.68/sh+671$105,132→ 9,826 total - Award
Stock Appreciation Rights
2017-03-01+598→ 598 totalExercise: $107.93From: 2017-03-01Exp: 2020-12-12→ Common Stock (598 underlying)
Footnotes (3)
- [F1]The reported amount of time-based restricted stock units (RSUs) along with performance-based RSUs not reported on this Form 4, collectively, represent 30% and 70% portions, respectively, of a target equity award. The time-based RSUs are subject to time vesting in three approximately equal annual installments beginning one year from the grant date. The performance-based RSUs may vest on the third anniversary of the grant date, if the registrant achieves certain pre-determined financial performance targets, subject to certification by the registrant's Compensation Committee. In addition, if the registrant's financial performance exceeds the target levels, the reporting person may receive additional performance-based RSUs up to a maximum of an additional 200% of the target level grant of performance-based RSUs.
- [F2]As previously reported, on December 12, 2013, the reporting person received an equity award, a portion of which was subject to the registrant achieving certain predetermined financial performance targets, subject to certification by the registrant's Compensation Committee. Effective March 1, 2017 it was determined that these performance conditions had been achieved for a payout of 17.5% of the performance award. The reported amount of stock appreciation rights (SARs) are fully vested and collectively represent the final vesting under this award.
- [F3]As previously reported, on February 10, 2014, the reporting person received an equity award, a portion of which was subject to the registrant achieving certain predetermined financial performance targets, subject to certification by the registrant's Compensation Committee. Effective March 1, 2017 it was determined that these performance conditions had been achieved for a payout of 17.5% of the performance award. The reported amount of stock appreciation rights (SARs) are fully vested and collectively represent the final vesting under this award.
Documents
Issuer
ADVANCE AUTO PARTS INC
CIK 0001158449
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001158449
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 7:01 PM ET
- Size
- 10.6 KB