0001158449-14-000044.txt : 20140212
0001158449-14-000044.hdr.sgml : 20140212
20140212163845
ACCESSION NUMBER: 0001158449-14-000044
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140210
FILED AS OF DATE: 20140212
DATE AS OF CHANGE: 20140212
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ADVANCE AUTO PARTS INC
CENTRAL INDEX KEY: 0001158449
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-AUTO & HOME SUPPLY STORES [5531]
IRS NUMBER: 542049910
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1228
BUSINESS ADDRESS:
STREET 1: 5008 AIRPORT RD
CITY: ROANOKE
STATE: VA
ZIP: 24012
BUSINESS PHONE: 5403624911
MAIL ADDRESS:
STREET 1: 5008 AIRPORT RD
CITY: ROANOKE
STATE: VA
ZIP: 24012
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Norona Michael A
CENTRAL INDEX KEY: 0001426811
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-16797
FILM NUMBER: 14600806
MAIL ADDRESS:
STREET 1: 5008 AIRPORT RD
CITY: ROANOKE
STATE: VA
ZIP: 24012
4
1
wf-form4_139224109632906.xml
FORM 4
X0306
4
2014-02-10
0
0001158449
ADVANCE AUTO PARTS INC
AAP
0001426811
Norona Michael A
ADVANCE AUTO PARTS, INC.
5008 AIRPORT RD
ROANOKE
VA
24012
0
1
0
0
EVP, CFO & Assistant Secretary
Common Stock
2014-02-10
4
A
0
203
123.32
D
86060
D
Common Stock
2014-02-11
4
S
0
35000
125
D
51060
D
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 equal portions 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.
Consistent with Mr. Norona's regular diversification practice. Following this transaction, Mr. Norona retains a substantial ownership commitment in beneficially owned stock and vested employee SARs, and he continues to more than satisfy the Company's stock ownership guidelines for executive officers.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $125.00 to $125.17. 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.
/s/ Rachel E. Geiersbach, as Attorney-in-Fact for Michael A. Norona
2014-02-12