SEC Form 4 · accession 0001209191-18-027297
GENUINE PARTS CO · GPC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lee A Maher
Officer — Pres & COO-US Automotive Group
Period of report
May 1, 2018
Accepted (ET)
May 2, 2018 · 2:45 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000040987
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | $0.00 | May 1, 2018 | A | 3,990 | A | — | — | Common Stock | 3,990 | 3,990 | D |
| Restricted Stock UnitsF1,F3 | $0.00 | May 1, 2018 | A | 1,965 | A | — | — | Common Stock | 1,965 | 1,965 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of GPC common stock at a future date.
- F2The restricted stock units will be earned on December 31, 2018 provided certain pre-tax profit targets are achieved by GPC for fiscal year 2018. If earned, the units will vest and convert to shares of common stock on May 1, 2021 provided the reporting person is still employed on that date, subject to earlier vesting in certain events.
- F3The restricted stock units will vest and convert to shares of common stock on May 1, 2021 provided the reporting person is still employed on that date, subject to earlier vesting in certain events.