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ORLY > SEC Filings for ORLY > Form 8-K on 30-Nov-2012All Recent SEC Filings

Show all filings for O REILLY AUTOMOTIVE INC



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Item 8.01 Other Events

On November 29, 2012, Ted Wise, Chief Operating Officer and Co-President of O'Reilly Automotive, Inc. (the "Company"), established a plan in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, for the trading of the Company's common stock. The plan provides for option exercises and subsequent sales of specified share amounts at specific market prices, subject to specified limitations. The plan was established for the purpose of facilitating the exercise and subsequent sale of stock options with ten-year contractual lives that are due to expire in February of 2015. The plan was established during the Company's unrestricted trading window and at a time when Mr. Wise was not in possession of material, non-public information about the Company. Mr. Wise has informed the Company that he will publicly disclose, as required by federal securities laws, any option exercises and stock sales made under this plan.

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