Adrian Butler - Jun 15, 2022 Form 4 Insider Report for CASEYS GENERAL STORES INC (CASY)

Signature
Scott Faber, under Power of Attorney dated June 3, 2020
Stock symbol
CASY
Transactions as of
Jun 15, 2022
Transactions value $
-$41,232
Form type
4
Date filed
6/17/2022, 02:50 PM
Previous filing
Jun 3, 2022
Next filing
May 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CASY Common Stock Options Exercise $0 +288 +144% $0.00 488 Jun 15, 2022 Direct
transaction CASY Common Stock Options Exercise $0 +291 +59.63% $0.00 779 Jun 15, 2022 Direct
transaction CASY Common Stock Tax liability -$41.2K -221 -28.37% $186.57 558 Jun 15, 2022 Direct F1
holding CASY Common Stock 137 Jun 15, 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 Options Exercise $0 -288 -50% $0.00 288 Jun 15, 2022 Common Stock 288 Direct F3, F4
transaction CASY Restricted stock units Options Exercise $0 -291 -33.26% $0.00 584 Jun 15, 2022 Common Stock 291 Direct F3, F5
holding CASY Restricted stock units 2.66K Jun 15, 2022 Common Stock 2.66K Direct F3, F6
holding CASY Restricted stock units 985 Jun 15, 2022 Common Stock 985 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 General Stores, Inc. Common Stock on June 15, 2022.
F2 Allocated to Mr. Butler'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. The remainder of this award will vest on 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.
F5 Pursuant to terms and conditions of 2018 Stock Incentive Plan. The remainder of this award will vest in equal installments on 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.
F6 Pursuant to terms and conditions of 2018 Stock Incentive Plan and in accordance with the terms and conditions of Mr. Butler's "make-whole award" of June 1, 2020, granted in conjunction with his commencement of employment as Casey's Chief Information Officer. This award will vest in-full on June 1, 2023.
F7 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.