SEC FORM 3

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^*

Soler Kristen L

(Last)

(First)

(Middle)

ADVANCE AUTO PARTS, INC.

4200 SIX FORKS ROAD

(Street)

RALEIGH

27609

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
05/21/2023

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)
	EVP, Chief HR Officer

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	6,029	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)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	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)
Stock Option (right to buy)	⁽¹⁾	03/05/2033	Common Stock	1,765	$135.13	D
Stock Option (right to buy)	⁽²⁾	02/27/2032	Common Stock	1,158	$204.48	D
Stock Option (right to buy)	⁽³⁾	03/07/2031	Common Stock	1,326	$176.5	D

Explanation of Responses:

1. The option vests in three equal annual installments beginning on March 5, 2024. The option was granted on March 6, 2023.

2. On February 28, 2022, there were 1,158 stock options granted which vest in three equal annual installments beginning one year from the grant date. 386 options vested on February 27, 2023. None have been exercised. The remaining 772 shares will vest on February 27, 2024 and February 27, 2025.

3. On March 8, 2021, there were 1,326 stock options granted which vest in three equal annual installments beginning one year from the grant date. 442 options vested on March 7, 2022 and 442 vested on March 7, 2023. None have been exercised. The remaining 442 shares will vest on March 7, 2024.

Remarks:

This Form 3 was executed by Amanda L. Keister as Attorney-in-Fact for Kristen L. Soler pursuant to the Power of Attorney attached hereto as Exhibit 24 - Power of Attorney

	/s/ Amanda L. Keister, as Attorney-in-Fact for Soler Kristen L	05/31/2023
	** 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.
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