Joan M. Hilson - 12 Jun 2023 Form 4 Insider Report for ADVANCE AUTO PARTS INC (AAP)

Role
Director
Signature
/s/ Amanda L. Keister, as Attorney-in-Fact for Joan M. Hilson
Issuer symbol
AAP
Transactions as of
12 Jun 2023
Net transactions value
+$165,000
Form type
4
Filing time
14 Jun 2023, 18:10:31 UTC
Previous filing
13 Jun 2023
Next filing
27 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AAP Common Stock Award $165,000 +2,467 +240% $66.89 3,495 12 Jun 2023 Direct F1
holding AAP Common Stock 388 12 Jun 2023 By Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These deferred stock units, which will be converted to shares of issuer common stock at the time of distribution, were awarded under the Advance Auto Parts, Inc. Deferred Stock Unit Plan for Non-Employee Directors and Selected Executives. These shares will vest on June 12, 2024 and will be distributed on a pro-rata basis if board service ends prior to the vesting date. Otherwise, these shares will be distributed to the reporting person at the end of the director's board service.