Chad Michael Frazell - Jun 15, 2022 Form 4 Insider Report for CASEYS GENERAL STORES INC (CASY)

Signature
Scott Faber, under Power of Attorney dated January 2, 2020
Stock symbol
CASY
Transactions as of
Jun 15, 2022
Transactions value $
-$130,226
Form type
4
Date filed
6/17/2022, 02:51 PM
Previous filing
Jun 3, 2022
Next filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CASY Common Stock Options Exercise $0 +280 +12.75% $0.00 2.48K Jun 15, 2022 Direct
transaction CASY Common Stock Award $0 +1.11K +44.95% $0.00 3.59K Jun 15, 2022 Direct F1
transaction CASY Common Stock Options Exercise $0 +303 +8.44% $0.00 3.89K Jun 15, 2022 Direct
transaction CASY Common Stock Options Exercise $0 +283 +7.27% $0.00 4.18K Jun 15, 2022 Direct
transaction CASY Common Stock Tax liability -$130K -698 -16.72% $186.57 3.48K Jun 15, 2022 Direct F2
holding CASY Common Stock 131 Jun 15, 2022 Voting and tender rights under 401k plan F3

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 -280 -100% $0.00* 0 Jun 15, 2022 Common Stock 280 Direct F4, F5
transaction CASY Restricted stock units Options Exercise $0 -303 -50% $0.00 303 Jun 15, 2022 Common Stock 303 Direct F4, F6
transaction CASY Restricted stock units Options Exercise $0 -283 -33.33% $0.00 566 Jun 15, 2022 Common Stock 283 Direct F4, F7
holding CASY Restricted stock units 1.52K Jun 15, 2022 Common Stock 1.52K Direct F4, F8
holding CASY Restricted stock units 958 Jun 15, 2022 Common Stock 958 Direct F4, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares of Common Stock earned upon the vesting of performance-based restricted stock units awarded to Mr. Frazell under Casey's 2020 fiscal year long-term incentive compensation program.
F2 Closing price of Casey's General Stores, Inc. Common Stock on June 15, 2022.
F3 Allocated to Mr. Frazell's 401k plan account as of April 30, 2022. Does not include any shares allocated by the plan trustee after that date.
F4 Each restricted stock unit represents the right to receive, following vesting, one share of Common Stock.
F5 Pursuant to terms and conditions of 2018 Stock Incentive Plan. This award vested in full on June 15, 2022.
F6 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.
F7 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.
F8 Pursuant to terms and conditions of 2018 Stock Incentive Plan and in accordance with the terms and conditions of Mr. Frazell's "make-whole award" of January 2, 2020, granted in conjunction with his commencement of employment as Casey's Senior Vice President - Chief Human Resources Officer. The remainder of this award will vest on January 2, 2023.
F9 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.