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Filing Details

Accession Number:: 0001140361-11-029846
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2011-05-25 17:38:13
Reporting Period:: 2011-05-23

Filing Date:: 2011-05-25
Accepted Time:: 2011-05-25 16:38:13
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1158449	Advance Auto Parts Inc	AAP	Retail-Auto & Home Supply Stores (5531)	542049910

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1236884	L Jimmie Wade	Advance Auto Parts, Inc. 5008 Airport Rd Roanoke VA 24012	President	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2011-05-23	63,900	$33.37	111,290	No	4	M	Direct
Common Stock	Disposition	2011-05-23	63,900	$63.21	47,390	No	4	S	Direct
Common Stock	Acquisiton	2011-05-24	13,100	$33.37	60,490	No	4	M	Direct
Common Stock	Acquisiton	2011-05-24	18,800	$40.45	79,290	No	4	M	Direct
Common Stock	Disposition	2011-05-24	31,900	$63.00	47,390	No	4	S	Direct
Common Stock	Disposition	2011-05-24	950	$0.00	46,440	No	4	G	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	M	Direct
No	4	S	Direct
No	4	G	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Option (right to buy)	Disposition	2011-05-23	63,900	$0.00	63,900	$33.37
Common Stock	Stock Option (right to buy)	Disposition	2011-05-24	13,100	$0.00	13,100	$33.37
Common Stock	Stock Option (right to buy)	Disposition	2011-05-24	18,800	$0.00	18,800	$40.45

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
13,100	2012-02-22	No	4	M	Direct
0	2012-02-22	No	4	M	Direct
86,200	2013-02-21	No	4	M	Direct

Footnotes

Represents the exercise by Mr. Wade of all his employee stock options that are scheduled to expire on February 22, 2012 and a portion of his employee stock options that will expire on February 21, 2013, consistent with Mr. Wade's regular practice. Following this transaction, Mr. Wade retains a substantial ownership commitment in both beneficially owned stock and vested employee stock options and SARs, and he continues to 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 $63.00 to $63.35. 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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.50 to $63.00. 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.
Gift to charitable foundation.
Not applicable.
These shares became exercisable in three equal annual installments beginning on February 22, 2006.
These shares became exercisable in three equal annual installments beginning on February 21, 2007.