Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
WADE JIMMIE L
  2. Issuer Name and Ticker or Trading Symbol
ADVANCE AUTO PARTS INC [AAP]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President
(Last)
(First)
(Middle)
ADVANCE AUTO PARTS, INC., 5008 AIRPORT RD
3. Date of Earliest Transaction (Month/Day/Year)
05/23/2011
(Street)

ROANOKE, VA 24012
4. If Amendment, Date 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
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/23/2011   M   63,900 (1) A $ 33.37 111,290 D  
Common Stock 05/23/2011   S   63,900 D $ 63.21 (2) 47,390 D  
Common Stock 05/24/2011   M   13,100 (1) A $ 33.37 60,490 D  
Common Stock 05/24/2011   M   18,800 (1) A $ 40.45 79,290 D  
Common Stock 05/24/2011   S   31,900 D $ 63 (3) 47,390 D  
Common Stock 05/24/2011   G(4)   950 D (5) 46,440 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) $ 33.37 05/23/2011   M     63,900 (1)   (6) 02/22/2012 Common Stock 63,900 $ 0 13,100 D  
Stock Option (right to buy) $ 33.37 05/24/2011   M     13,100 (1)   (6) 02/22/2012 Common Stock 13,100 $ 0 0 D  
Stock Option (right to buy) $ 40.45 05/24/2011   M     18,800 (1)   (7) 02/21/2013 Common Stock 18,800 $ 0 86,200 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
WADE JIMMIE L
ADVANCE AUTO PARTS, INC.
5008 AIRPORT RD
ROANOKE, VA 24012
      President  

Signatures

 /s/ Rachel E. Geiersbach, as Attorney-in-Fact for Jimmie L. Wade   05/25/2011
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(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).
(1) 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.
(2) 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.
(3) 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.
(4) Gift to charitable foundation.
(5) Not applicable.
(6) These shares became exercisable in three equal annual installments beginning on February 22, 2006.
(7) These shares became exercisable in three equal annual installments beginning on February 21, 2007.

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