SEC Form 4 · accession 0001158449-17-000053

ADVANCE AUTO PARTS INC · AAP

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — EVP, Merch, Mktg & Supply Chn

Period of report

Mar 1, 2017

Accepted (ET)

Mar 3, 2017 · 7:02 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001158449

Table I — non-derivative securities

No Table I lines on this filing.

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Appreciation Rights^F1	$107.93	Mar 1, 2017	A	1,811	A	Mar 1, 2017	Dec 12, 2020	Common Stock	1,811	1,811	D
Stock Appreciation Rights^F2	$123.32	Mar 1, 2017	A	308	A	Mar 1, 2017	Feb 10, 2021	Common Stock	308	308	D

F1As previously reported, on December 12, 2013, the reporting person received an equity award, a portion of which was subject to the registrant achieving certain predetermined financial performance targets, subject to certification by the registrant's Compensation Committee. Effective March 1, 2017 it was determined that these performance conditions had been achieved for a payout of 17.5% of the performance award. The reported amount of stock appreciation rights (SARs) are fully vested and collectively represent the final vesting under this award.
F2As previously reported, on February 10, 2014, the reporting person received an equity award, a portion of which was subject to the registrant achieving certain predetermined financial performance targets, subject to certification by the registrant's Compensation Committee. Effective March 1, 2017 it was determined that these performance conditions had been achieved for a payout of 17.5% of the performance award. The reported amount of stock appreciation rights (SARs) are fully vested and collectively represent the final vesting under this award.