4//SEC Filing
GENUINE PARTS CO 4
Accession 0001209191-16-112132
$GPCCIK 0000040987operating
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 3:49 PM ET
Size
10.6 KB
Accession
0001209191-16-112132
Insider Transaction Report
Form 4
Breen Timothy P
Executive Vice President
Transactions
- Award
Stock Appreciation Right
2016-04-01$99.72/sh+7,395$737,429→ 7,395 totalExercise: $99.72From: 2017-04-01Exp: 2026-04-01→ Common Stock (7,395 underlying) - Award
Employee Stock Option (Right to Buy)
2016-04-01$99.72/sh+7,395$737,429→ 7,395 totalExercise: $99.72From: 2017-04-01Exp: 2026-04-01→ Common Stock (7,395 underlying) - Award
Restricted Stock Units
2016-04-01+3,010→ 3,010 totalExercise: $0.00→ Common Stock (3,010 underlying)
Footnotes (4)
- [F1]The stock appreciation right and the employee stock option were granted in tandem. Accordingly, the exercise of one results in the expiration of the other.
- [F2]The stock appreciation rights vest 1/3 per year beginning on the first anniversary of the grant date provided the reporting person is still employed on those dates, subject to earlier vesting in certain events.
- [F3]Each restricted stock unit represents a contingent right to receive one share of GPC common stock at a future date.
- [F4]The restricted stock units will be earned on December 31, 2016 provided certain pre-tax profit targets are achieved by GPC for fiscal year 2016. If earned, the units will vest and convert to shares of common stock on December 1, 2020 provided the reporting person is still employed on that date, subject to earlier vesting in certain events.
Documents
Issuer
GENUINE PARTS CO
CIK 0000040987
Entity typeoperating
IncorporatedGA
Related Parties
1- filerCIK 0000040987
Filing Metadata
- Form type
- 4
- Filed
- Apr 3, 8:00 PM ET
- Accepted
- Apr 4, 3:49 PM ET
- Size
- 10.6 KB