New insider Hand Jason claimed ownership of 4,329 shares (SEC Form 3)
FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 10/29/2024 |
3. Issuer Name and Ticker or Trading Symbol
ADVANCE AUTO PARTS INC [ AAP ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 4,329 | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Stock Option (right to buy) | (1) | 03/07/2031 | Common Stock | 424 | $176.5 | D | |
Stock Option (right to buy) | (2) | 02/27/2032 | Common Stock | 463 | $204.48 | D | |
Stock Option (right to buy) | (3) | 03/05/2033 | Common Stock | 1,765 | $135.13 | D | |
Stock Option (right to buy) | (4) | 03/13/2034 | Common Stock | 2,330 | $79.53 | D |
Explanation of Responses: |
1. On March 8, 2021, there were 636 stock options granted which vested in three equal annual installments beginning one year from the grant date. 212 options have been exercised. |
2. On February 28, 2022, there were 463 stock options granted which vest in three equal annual installments beginning one year from the grant date. 154 options vested on February 27, 2023 and 154 vested on February 27, 2024. None have been exercised. The remaining 155 shares will vest on February 27, 2025. |
3. On March 6, 2023, there were 1,765 stock options granted which vest in three equal annual installments beginning one year from the grant date. 588 options vested on March 5, 2024. None have been exercised. The remaining 1,177 shares will vest on March 5, 2025 and March 5, 2026. |
4. The option vests in three equal annual installments beginning on March 13, 2025. The option was granted on March 14, 2024. |
Remarks: |
/s/ Amanda L. Keister, as Attorney-in-Fact for Jason Hand | 11/08/2024 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |