Ryan P. Grimsland - Dec 4, 2023 Form 4 Insider Report for ADVANCE AUTO PARTS INC (AAP)

Role
EVP, Chief Financial Officer
Signature
/s/ Amanda L. Keister, as Attorney-in-Fact for Ryan P. Grimsland
Stock symbol
AAP
Transactions as of
Dec 4, 2023
Transactions value $
$1,600,030
Form type
4
Date filed
12/6/2023, 04:43 PM
Previous filing
Dec 5, 2023
Next filing
Mar 18, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AAP Common Stock Award $1.6M +28.8K $55.63 28.8K Dec 4, 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AAP Stock Option (right to buy) Award $0 +18.1K $0.00 18.1K Dec 4, 2023 Common Stock 18.1K $55.63 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported amount represents an equity award of time-based restricted stock units (RSUs) that are subject to time vesting in three approximately equal annual installments beginning one year from the grant date.
F2 The options vest in three equal annual installments beginning on December 4, 2024.