Sec Form 4 Filing - Finley Tammy M @ ADVANCE AUTO PARTS INC - 2020-03-16

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Finley Tammy M
2. Issuer Name and Ticker or Trading Symbol
ADVANCE AUTO PARTS INC [ AAP]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
EVP, General Counsel, Corp Sec
(Last) (First) (Middle)
ADVANCE AUTO PARTS, INC., 2635 EAST MILLBROOK ROAD
3. Date of Earliest Transaction (MM/DD/YY)
03/16/2020
(Street)
RALEIGH, NC27604
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/16/2020 M 659 A $ 83.63 13,485 D
Common Stock 03/16/2020 F 563 ( 1 ) D $ 98.32 12,922 D
Common Stock 03/16/2020 M 1,467 A $ 83.63 14,389 D
Common Stock 03/16/2020 F 1,252 ( 1 ) D $ 98.46 13,137 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Appreciation Rights $ 83.63 03/16/2020 M 659 ( 2 ) 05/27/2016 05/28/2020 Common Stock 659 $ 0 0 D
Stock Appreciation Rights $ 83.63 03/16/2020 M 1,467 ( 3 ) 05/28/2020 Common Stock 1,467 $ 0 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Finley Tammy M
ADVANCE AUTO PARTS, INC.
2635 EAST MILLBROOK ROAD
RALEIGH, NC27604
EVP, General Counsel, Corp Sec
Signatures
/s/ Amanda L. Keister, as Attorney-in-Fact for Tammy M. Finley 03/18/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents shares withheld to satisfy exercise price and tax withholding obligations upon the exercise of Stock Appreciation Rights.
( 2 )As previously reported, on May 28, 2013, the reporting person received an equity award, a portion of which was subject to the registrant achieving certain per-determined financial performance targets, subject to certification by the registrant's Compensation Committee. On March 1, 2016 it was determined that these performance conditions had been achieved for a payout of 109% of the performance award. The reported amount of stock appreciation rights (SARs) are fully vested and collectively represent the final vesting level under this award.
( 3 )These shares became exercisable in three equal annual installments beginning on May 28, 2014.

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