Williams Ena Koschel - Jun 1, 2021 Form 4 Insider Report for CASEYS GENERAL STORES INC (CASY)

Role
Chief Operating Officer
Signature
Scott Faber, under Power of Attorney dated May 22, 2020
Stock symbol
CASY
Transactions as of
Jun 1, 2021
Transactions value $
-$149,988
Form type
4
Date filed
6/3/2021, 06:16 PM
Previous filing
Jan 3, 2022
Next filing
Jun 4, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CASY Common Stock Options Exercise $0 +1.99K $0.00 1.99K Jun 1, 2021 Direct
transaction CASY Common Stock Tax liability -$150K -689 -34.61% $217.69 1.3K Jun 1, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CASY Restricted stock units Options Exercise $0 -1.99K -33.32% $0.00 3.98K Jun 1, 2021 Common Stock 1.99K Direct F2, F3
holding CASY Restricted stock units 1.88K Jun 1, 2021 Common Stock 1.88K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Closing price of Casey's Common Stock on June 1, 2021.
F2 Pursuant to terms and conditions of 2018 Stock Incentive Plan and in accordance with the terms and conditions of a "make-whole award" of June 1, 2020, granted in conjunction with commencement of employment as Casey's Chief Operating Officer. This award will vest at a rate of 1/3 of the initial award on each of the first three anniversaries of the award date.
F3 Each restricted stock unit represents the right to receive, following vesting, one share of Common Stock.
F4 Pursuant to terms and conditions of 2018 Stock Incentive Plan. This award will vest in equal installments on June 15, 2021, June 15, 2022 and June 15, 2023. Not included in the reported award amount is a target amount of performance-based restricted stock units that will vest on June 15, 2023, but which are subject to the satisfaction of certain performance criteria other than solely the price of Casey's Common Stock; the final amount of shares earned, if any, will be reported upon vest and satisfaction of those performance measures.