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* Henslee Gregory L. -------------------------------------------------------------------------------- (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) 492-74-0095 ________________________________________________________________________________ 4. Statement for Month/Year June 30, 2001 ________________________________________________________________________________ 5. If Amendment, Date of Original (Month/Year) ________________________________________________________________________________ 6. Relationship of Reporting Person to Issuer (Check all applicable) [_] Director [_] 10% Owner [X] Officer (give title below) [_] Other (specify below) Co-President ________________________________________________________________________________ 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 ================================================================================ 5. 6. 4. Amount of Owner- Securities Acquired (A) or Securities ship 3. Disposed of (D) Beneficially Form: 7. Transaction (Instr. 3, 4 and 5) Owned at End Direct Nature of 2. Code ----------------------------- of Issuer's (D) or Indirect 1. Transaction (Instr. 8) (A) Fiscal Year 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) ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 9,250 D ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 4,486 I 401(k)Plan ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 0 I Held in escrow under Per- formance Incentive Plan-1997 ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 142 I Held in escrow under Per- formance Incentive Plan-1998 ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 518 I Held in escrow under Per- formance Incentive Plan-1999 ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 2,466 I By employee stock purchase plan trustee ------------------------------------------------------------------------------------------------------------------------------------ ----------==================================================================================================================================== * 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) ================================================================================ 9. 10. Number Owner- of ship 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- Securities Date Securities Price Bene- ity: In- cise 3. Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct Price Trans- 4. or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene- 1. of action Trans- of (D) (Month/Day/Year) Amount ative at End In- ficial Title of Deriv- Date action (Instr. 3, ---------------- or Secur- of direct Owner- Derivative ative (Month/ Code 4 and 5) Date Expira- Number ity Year (I) ship Security Secur- Day/ (Instr. ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr. (Instr. 3) ity Year) 8) (A) (D) cisable Date Title Shares 5) 4) 4) 4) ------------------------------------------------------------------------------------------------------------------------------------ $21.3125 06/06/01 M 12,500 Common 12,500 $26.1014 $21.3125 06/06/01 S 12,500 Stock 12,500 $26.1014 Employee stock options with tandem withholding right Common (right to buy) $21.3125 8/5/00(1) 8/4/09 Stock 37,500 D ------------------------------------------------------------------------------------------------------------------------------------ $18.75 06/06/01 M 2,000 Common 2,000 $26.1014 $18.75 06/06/01 M 5,500 Stock 5,500 $26.1495 $18.75 06/06/01 S 2,000 Common 2,000 $26.1014 $18.75 06/06/01 S 5,500 Stock 5,500 $26.1495 Employee stock options with tandem withholding right Common (right to buy) $18.75 8/10/99(1) 8/9/08 Stock 7,500 D ------------------------------------------------------------------------------------------------------------------------------------ $12.25 06/06/01 M 22,500 Common 22,500 $26.1014 $12.25 06/06/01 S 22,500 Stock 22,500 $26.1014 Employee stock options with tandem withholding right Common (right to buy) $12.25 12/1/98(1) 12/1/07 Stock 7,500 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/Gregory L. Henslee 07/09/01 --------------------------------------------- ----------------------- Gregorly L. Henlsee 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