-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, B3nX8YOjK4cU/3Cfo3RmoZnNfX0W/CFNT0JDLixMMlAAG3D7NLB6HoOsjxSNxEG8 2cFE989PSvRzeaVKNTA+Qg== 0000898173-05-000039.txt : 20050611 0000898173-05-000039.hdr.sgml : 20050611 20050601192024 ACCESSION NUMBER: 0000898173-05-000039 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050527 FILED AS OF DATE: 20050601 DATE AS OF CHANGE: 20050601 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: O REILLY AUTOMOTIVE INC CENTRAL INDEX KEY: 0000898173 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-AUTO & HOME SUPPLY STORES [5531] IRS NUMBER: 440618012 STATE OF INCORPORATION: MO FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 233 S PATTERSON CITY: SPRINGFIELD STATE: MO ZIP: 65802 BUSINESS PHONE: 4178622674 MAIL ADDRESS: STREET 1: 233 SOUTH PATTERSON CITY: SPRINGFIELD STATE: MO ZIP: 65802 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: OREILLY LAWRENCE P CENTRAL INDEX KEY: 0000942011 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-21318 FILM NUMBER: 05871876 BUSINESS ADDRESS: STREET 1: O'REILLY AUTOMOTIVE INC STREET 2: 233 SOUTH PATTERSON CITY: SPRINGFIELD STATE: MI ZIP: 65802 BUSINESS PHONE: 4178626708 MAIL ADDRESS: STREET 1: C/O OREILLY AUTOMOTIVE INC STREET 2: 233 SOUTH PATTERSON CITY: SPRINGFIELD STATE: MI ZIP: 65802 4 1 lor060105form4_ex.xml X0202 4 2005-05-27 0 0000898173 O REILLY AUTOMOTIVE INC ORLY 0000942011 OREILLY LAWRENCE P O'REILLY AUTOMOTIVE INC 233 SOUTH PATTERSON SPRINGFIELD MI 65802 1 0 0 0 Common Stock 2005-05-27 2005-05-27 4 J 0 88635 D 609644 D Variable Prepaid Forward Sales Contract 2005-05-27 4 J 0 100000 D 2005-05-27 Common Stock 100000 0 D (1) On March 20, 2002, the reporting person entered into a variable prepaid forward arrangement ("VPF") with an unaffiliated third party buyer (the "Buyer") pursuant to which the reporting person received a cash payment of $2,728,000. In exchange for the cash payment, the reporting person pledged 100,000 shares of common stock of O'Reilly Automotive, Inc. (the "Company") and agreed to settle the VPF with either a payment of cash or the delivery of up to 100,000 shares of the Company's common stock. The reporting person chose to settle the VPF through the delivery of shares. The number of shares delivered by the reporting person to the Buyer at settlement was based upon the price of the Company's common stock on each of the 20 business days (each an "Averaging Date") prior to and including May 27, 2005 (each a "Settlement Price"), as follows: (continued on footnote 2) (continued from Footnote 1) (i) if the Settlement Price were less than or equal to $31.00 per share, then the reporting person would be required to deliver 5,000 shares (which represents the total number of shares subject to the VPF divided by the number of Averaging Dates) to the Buyer; (ii) if the Settlement Price had been greater than $31.00 but less than $37.20 per share, then the reporting person would be required to deliver a number of shares equal to the product of 5,000 times $31.00, divided by the Settlement Price; and (continued on Footnote 3) (continued from Footnote 2) (iii) if the Settlement Price were greater than $37.20, then the reporting person would be required to deliver a number of shares equal to 5,000 multiplied by a fraction, the numerator of which would be the sum of $31.00 plus the difference between the Settlement Price and $37.20, and the denominator of which would be the Settlement Price. The Settlement Price on each Averaging Date ranged from a high of $57.60 and a low of $50.89, resulting in the reporting person delivering a total of 88,635 shares of the Company's common stock to the Buyer. Larry O'Reilly 2005-06-01 -----END PRIVACY-ENHANCED MESSAGE-----