Advance Auto Parts (AAP) Form 3 ADVANCE AUTO PARTS / Jason Hand ownership change

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^*

Hand Jason

(Last) (First) (Middle)

4200 SIX FORKS ROAD

(Street)

RALEIGH NC 27609

(City) (State) (Zip)

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 ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
SVP, U.S. Stores

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
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)
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.