4//SEC Filing
Pellicciotti William J Jr 4
Accession 0001158449-23-000079
CIK 0001158449other
Filed
Mar 7, 7:00 PM ET
Accepted
Mar 8, 9:21 PM ET
Size
7.4 KB
Accession
0001158449-23-000079
Insider Transaction Report
Form 4
Pellicciotti William J Jr
SVP, Controller and CAO
Transactions
- Award
Common Stock
2023-03-06$135.13/sh+648$87,564→ 1,027 total - Award
Stock Option (right to buy)
2023-03-06+2,472→ 4,093 totalExercise: $135.13Exp: 2033-03-05→ Common Stock (2,472 underlying)
Footnotes (2)
- [F1]The reported amount of time-based restricted stock units (RSUs) along with performance-based RSUs not reported on this Form 4, collectively, represent 25% and 50% 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 a certain pre-determined financial performance target, subject to certification by the registrant's Compensation Committee. In addition, if the registrant's financial performance exceeds the target level, the reporting person may receive additional shares up to a maximum of 200% of the target level grant of performance-based RSUs.
- [F2]The option vests in three equal annual installments beginning on March 5, 2024.
Documents
Issuer
ADVANCE AUTO PARTS INC
CIK 0001158449
Entity typeother
Related Parties
1- filerCIK 0001907915
Filing Metadata
- Form type
- 4
- Filed
- Mar 7, 7:00 PM ET
- Accepted
- Mar 8, 9:21 PM ET
- Size
- 7.4 KB