U.S. SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP 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(f) of the Investment Company Act of 1940 [_] Check box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). ________________________________________________________________________________ 1. Name and Address of Reporting Person* O'Reilly David E. -------------------------------------------------------------------------------- (Last) (First) (Middle) 233 S. Patterson Ave. -------------------------------------------------------------------------------- (Street) Springfield MO 65802 -------------------------------------------------------------------------------- (City) (State) (Zip) ________________________________________________________________________________ 2. Issuer Name and Ticker or Trading Symbol O'Reilly Automotive, Inc. (ORLY) _______________________________________________________________________________ 3. IRS Identification Number of Reporting Person, if an Entity (Voluntary) 494-56-6630 ________________________________________________________________________________ 4. Statement for Month/Year March, 2002 ________________________________________________________________________________ 5. If Amendment, Date of Original (Month/Year) ________________________________________________________________________________ 6. Relationship of Reporting Person to Issuer (Check all applicable) [X] Director [_] 10% Owner [X] Officer (give title below) [_] Other (specify below) Chief Executive Officer and Co-Chairman of Board of Directors ________________________________________________________________________________ 7. 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 Acquired, Disposed of, or Beneficially Owned ================================================================================ 6. 4. 5. Owner- Securities Acquired (A) or Amount of ship 3. Disposed of (D) Securities Form: 7. Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of 2. Code ------------------------------- Owned at End (D) or Indirect 1. Transaction (Instr. 8) (A) of Month Indirect Beneficial Title of Security Date ------------ Amount or Price (Instr. 3 (I) Ownership (Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4) ------------------------------------------------------------------------------------------------------------------------------------ 3/21/02 J V 100,000 D(1) $31.00 D 3/21/02 J V 50,000 D(1) $31.00 D 3/21/02 J V 50,000 D(1) $31.00 D Common Stock 417,354 D ------------------------------------------------------------------------------------------------------------------------------------ 3/21/02 J V 50,000 I(1) $31.00 3/21/02 J V 25,000 I(1) $31.00 3/21/02 J V 25,000 I(1) $31.00 3/21/02 J V 50,000 I(1) $31.00 3/21/02 J V 25,000 I(1) $31.00 3/21/02 J V 25,000 I(1) $31.00 3/21/02 J V 50,000 I(1) $31.00 3/21/02 J V 25,000 I(1) $31.00 3/21/02 J V 25,000 I(1) $31.00 Common Stock 1,608,174 I As trustee for re- porting person's children ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 0 I As custo- dian for reporting person's minor children ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 3,131 I 401(k)plan ------------------------------------------------------------------------------------------------------------------------------------ ----------(1) On March 19, 2002, Reporting Person entered into a Variable Prepaid Forward Sales Contract suplemented by confirmation representing Reporting Person's obligation, on the maturity date of each such confirmation, to either sell maximum of shares of common stock covered thereby or pay balance due thereunder in cash. ==================================================================================================================================== * If the Form is filed by more than one Reporting Person, see Instruction 4(b)(v). Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Print or Type Responses) (Over) (Form 4-07/99) FORM 4 (continued) Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ================================================================================ 10. 9. Owner- Number ship of Form 2. Deriv- of Conver- 5. 7. ative Deriv- 11. sion Number of Title and Amount Secur- ative Nature or Derivative 6. of Underlying 8. ities Secur- of Exer- 4. Securities Date Securities Price Bene- ity: In- cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene- 1. of action Code of(D) (Month/Day/Year) Amount ative at End In- ficial Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner- Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship Security Secur- Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr. (Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4) ------------------------------------------------------------------------------------------------------------------------------------ Employee stock options with tandem withholding right Common (right to buy) $12.25 12/1/98(1) 12/1/07 Stock 60,000 D ------------------------------------------------------------------------------------------------------------------------------------ Employee stock options with tandem withholding right Common (right to buy) $21.31 8/5/00(1) 8/5/09 Stock 50,000 D ------------------------------------------------------------------------------------------------------------------------------------ Employee stock options with tandem withholding right Common (right to buy) $26.51 6/14/02(1) 6/14/11 Stock 30,000 D ------------------------------------------------------------------------------------------------------------------------------------(1) The derivative securities disclosed in Table II above are 25% exercisable 1 year after grant; 50% exercisable 2 years after grant; 75% exercisable 3 years after grant; and 100% exercisable 4 years after grant. ==================================================================================================================================== Explanation of Responses: All share ending balances have been adjusted to reflect 100% stock dividends in the form of two stock splits: July 31, 1997 and November 15, 1999. Payment dates on the dividends were August 31, 1997 and November 30, 1999, respectively. /s/David E. O'Reilly 04/10/02 --------------------------------------------- ----------------------- David E. O'Reilly Date ** 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 provided is insufficient, see Instruction 6 for procedure. Page 2 EDGARLink 7.0 (8/00) Ver. 3.1