Stephen P. Bramlage Jr. - 01 Jun 2022 Form 4 Insider Report for CASEYS GENERAL STORES INC (CASY)

Signature
Scott Faber, under Power of Attorney dated June 1, 2020
Issuer symbol
CASY
Transactions as of
01 Jun 2022
Net transactions value
-$206,942
Form type
4
Filing time
03 Jun 2022, 16:13:36 UTC
Previous filing
17 Jun 2021
Next filing
17 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CASY Common Stock Options Exercise $0 +2,204 +147% $0.000000 3,705 02 Jun 2022 Direct
transaction CASY Common Stock Tax liability $206,942 -981 -26% $210.95 2,724 02 Jun 2022 Direct F1
holding CASY Common Stock 153 01 Jun 2022 Voting and tender rights under 401k plan F2

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 Award $0 +1,989 $0.000000 1,989 01 Jun 2022 Common Stock 1,989 Direct F3, F4
transaction CASY Restricted stock units Options Exercise $0 -2,204 -50% $0.000000 2,204 02 Jun 2022 Common Stock 2,204 Direct F3, F5
holding CASY Restricted stock units 1,302 01 Jun 2022 Common Stock 1,302 Direct F3, F6
holding CASY Restricted stock units 1,758 01 Jun 2022 Common Stock 1,758 Direct F3, F7
* 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 2, 2022.
F2 Allocated to Mr. Bramlage's 401k plan account as of April 30, 2022. Does not include any shares allocated by the plan trustee after that 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, 2023, June 15, 2024 and June 15, 2025. Not included in the reported award amount is a target amount of performance-based restricted stock units that will vest on June 15, 2025, 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 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. The remainder of this award will vest on June 2, 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.
F6 Pursuant to terms and conditions of 2018 Stock Incentive Plan. The remainder of this award will vest in equal installments on 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.
F7 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.