Genuine Parts Company

05/07/2024 | Press release | Distributed by Public on 05/07/2024 12:56

Statement of Changes in Beneficial Ownership - Form 4

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 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
STENGEL WILLIAM P II
2. Issuer Name and Ticker or Trading Symbol
GENUINE PARTS CO [GPC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
President /
(Last) (First) (Middle)
2999 WILDWOOD PKWY
3. Date of Earliest Transaction (Month/Day/Year)
(Street)
ATLANTA GA 30339
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Join/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 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code 4. Securities Acquired (A) or Disposed of (D) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) 6. Ownership Form: Direct (D) or Indirect (I) 7. Nature of Indirect Beneficial Ownership
Code V Amount (A) or (D) Price
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security 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 5. Number of Derivative Securities Acquired (A) or Disposed of (D) 6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security 8. Price of Derivative Security 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) 11. Nature of Indirect Beneficial Ownership
Code V (A) (D) Date Exercisable Expriation Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
STENGEL WILLIAM P II
2999 WILDWOOD PKWY

ATLANTA, GA30339


President

Signatures

/s/ Chris Galla, Attorney in Fact 2024-05-07
**Signature of Reporting Person Date

Explanation of Responses:

(*) 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).
(1) The Reporting Person's ending balance has increased by 5,454 shares to account for the total number of shares acquired pursuant to his RSU award granted on May 3, 2021 (the "2021 RSU Grant"), which vested in equal installments on May 3, 2022, May 3, 2023 and May 3, 2024. The 1,774 shares and 1,817 shares (which, in each case, include accrued dividends) that vested on May 3, 2022 and May 3, 2023, respectively, were incorrectly omitted in prior years. The 1,863 acquired on May 3, 2024 reflects the remaining unvested portion of the 2021 RSU Grant, as well as 134 shares of accrued dividends.
(2) Reflects a grant of time-based RSUs that vests in equal annual installments on the first three anniversaries of the grant date.
(3) Each restricted stock unit represents a contingent right to receive one share of GPC common stock at a future date.
(4) The restricted stock units vested and converted to shares of common stock on the 3rd of May in 2022, 2023, and 2024. See Footnote 1 for further information.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.