Filing Details

Accession Number:
0001158449-14-000049
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-02-12 16:40:33
Reporting Period:
2014-02-10
Filing Date:
2014-02-12
Accepted Time:
2014-02-12 16:40:33
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1158449 Advance Auto Parts Inc AAP Retail-Auto & Home Supply Stores (5531) 542049910
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1456533 A Jill Livesay Advance Auto Parts, Inc.
5008 Airport Rd
Roanoke VA 24012
Svp, Controller & Cao No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2014-02-10 4,392 $40.38 10,218 No 4 M Direct
Common Stock Disposition 2014-02-10 2,411 $123.48 7,807 No 4 F Direct
Common Stock Acquisiton 2014-02-10 1,850 $40.38 9,657 No 4 M Direct
Common Stock Disposition 2014-02-10 1,018 $123.48 8,639 No 4 F Direct
Common Stock Disposition 2014-02-10 4,013 $123.43 4,626 No 4 S Direct
Common Stock Acquisiton 2014-02-10 544 $123.32 5,170 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
No 4 S Direct
No 4 A Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Appreciation Rights Disposition 2014-02-10 4,392 $0.00 4,392 $40.38
Common Stock Stock Appreciation Rights Disposition 2014-02-10 1,850 $0.00 1,850 $40.38
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2016-12-01 No 4 M Direct
0 2013-03-01 2016-12-01 No 4 M Direct
Footnotes
  1. Represents shares withheld to satisfy exercise price and tax withholding obligations upon the exercise of SARs.
  2. Consistent with Ms. Livesay's regular diversification practice. Following this transaction, Ms. Livesay retains a substantial ownership commitment in beneficially owned stock and vested employee SARs, and she continues to more than satisfy the Company's stock ownership guidelines for executive officers.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $123.39 to $123.51. The Reporting Person has provided to the Issuer, and undertakes to provide to 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.
  4. The reported amount of time-based restricted stock units (RSUs) along with performance-based stock appreciation rights (SARs) not reported on this Form 4, collectively, represent 67% and 33% portions, respectively, of a target equity award based on the grant date fair value. The RSUs are subject to time vesting in three approximately equal annual installments beginning one year from the grant date. The performance-based SARs may vest on March 1, 2017, if the registrant achieves certain pre-determined financial performance targets, subject to certification by the registrant's Compensation Committee. In addition, if the registrant's financial performance exceeds the target levels, the reporting person may receive additional performance-based SARs up to a maximum of an additional 100% of the target level grant of performance-based SARs.
  5. These shares became exercisable in three approximately equal annual installments beginning on December 1, 2010.