SEC Form 4 · accession 0001158449-16-000320
ADVANCE AUTO PARTS INC · AAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Harrison Carter
Officer — SVP, Bus Dev & Integration
Period of report
Mar 11, 2016
Accepted (ET)
Mar 14, 2016 · 4:39 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001158449
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 11, 2016 | M | 7,043 | $68.75 | A | 17,018 | D | |
| Common Stock | Mar 11, 2016 | M | 3,299 | $73.17 | A | 20,317 | D | |
| Common StockF1,F2 | Mar 11, 2016 | F | 7,156 | $158.30 | D | 13,161 | D | |
| Common StockF2 | Mar 11, 2016 | S | 3,186 | $158.30 | D | 9,975 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stoc Appreciation RightF3 | $68.75 | Mar 11, 2016 | M | 7,043 | D | — | Dec 1, 2018 | Common Stock | 7,043 | 0 | D |
| Stock Appreciation Rights | $73.17 | Mar 11, 2016 | M | 3,299 | D | Mar 1, 2016 | Dec 3, 2019 | Common Stock | 3,299 | 0 | D |
Explanation of responses
- F1Represents shares withheld to satisfy exercise price and tax withholding obligations upon the exercise of Stock Appreciation Rights.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $158.28 to $158.31. The Reporting Person has provided to the Issuer, and undertakes to provide any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3These shares became exercisable in three equal annual installments beginning on December 1, 2012.