Stephen P. Bramlage JR - Jun 2, 2021 Form 4 Insider Report for CASEYS GENERAL STORES INC (CASY)

Role
Chief Financial Officer
Signature
Scott Faber, under Power of Attorney dated June 1, 2020
Stock symbol
CASY
Transactions as of
Jun 2, 2021
Transactions value $
-$224,283
Form type
4
Date filed
6/4/2021, 07:21 PM
Next filing
Jun 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CASY Common Stock Options Exercise $0 +2.2K $0.00 2.2K Jun 2, 2021 Direct
transaction CASY Common Stock Tax liability -$224K -1.04K -47.39% $214.83 1.16K Jun 2, 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 -2.2K -33.32% $0.00 4.41K Jun 2, 2021 Common Stock 2.2K Direct F2, F3
transaction CASY Restricted stock units Award $0 +1.76K $0.00 1.76K Jun 2, 2021 Common Stock 1.76K Direct F3, F4
holding CASY Restricted stock units 1.95K Jun 2, 2021 Common Stock 1.95K Direct F3, F5
* 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 General Stores, Inc. Common Stock on June 2, 2021.
F2 Pursuant to terms and conditions of 2018 Stock Incentive Plan and in accordance with the terms and conditions of Mr. Bramlage's sign-on award of June 2, 2020, granted in conjunction with his commencement of employment as Chief Financial 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. 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.
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, 2022, June 15, 2023 and June 15, 2024. Not included in the reported award amount is a target amount of performance-based restricted stock units that will vest on June 15, 2024, 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.
F5 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.