4//SEC Filing
OKelly Shane M 4
Accession 0001158449-24-000064
CIK 0001158449other
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 4:39 PM ET
Size
7.5 KB
Accession
0001158449-24-000064
Insider Transaction Report
Form 4
OKelly Shane M
DirectorDirector, President and CEO
Transactions
- Award
Common Stock
2024-03-14$79.53/sh+20,433$1,625,036→ 99,415 total - Award
Stock Option (right to buy)
2024-03-14+50,465→ 50,465 totalExercise: $79.53Exp: 2034-03-13→ Common Stock (50,465 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 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 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 14, 2025
Documents
Issuer
ADVANCE AUTO PARTS INC
CIK 0001158449
Entity typeother
Related Parties
1- filerCIK 0001993750
Filing Metadata
- Form type
- 4
- Filed
- Mar 17, 8:00 PM ET
- Accepted
- Mar 18, 4:39 PM ET
- Size
- 7.5 KB