Darren M. Rebelez - Jun 24, 2022 Form 4 Insider Report for CASEYS GENERAL STORES INC (CASY)

Signature
Scott Faber, under Power of Attorney dated June 24, 2019
Stock symbol
CASY
Transactions as of
Jun 24, 2022
Transactions value $
-$3,232,643
Form type
4
Date filed
6/27/2022, 06:08 PM
Previous filing
Jun 17, 2022
Next filing
Nov 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CASY Common Stock Options Exercise $0 +4.24K +25.12% $0.00 21.1K Jun 24, 2022 Direct
transaction CASY Common Stock Award $0 +16.8K +79.75% $0.00 38K Jun 24, 2022 Direct F1
transaction CASY Common Stock Tax liability -$1.83M -9.57K -25.19% $191.53 28.4K Jun 24, 2022 Direct F2
transaction CASY Common Stock Options Exercise $0 +8.33K +29.33% $0.00 36.7K Jun 24, 2022 Direct
transaction CASY Common Stock Award $0 +7.79K +21.19% $0.00 44.5K Jun 24, 2022 Direct F3
transaction CASY Common Stock Tax liability -$1.4M -7.31K -16.42% $191.53 37.2K Jun 24, 2022 Direct F2
holding CASY Common Stock 263 Jun 24, 2022 Voting and tender rights under 401k plan F4

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 -4.24K -100% $0.00* 0 Jun 24, 2022 Common Stock 4.24K Direct F5, F6
transaction CASY Restricted stock units Options Exercise $0 -8.33K -100% $0.00* 0 Jun 24, 2022 Common Stock 8.33K Direct F5, F7
holding CASY Restricted stock units 1.67K Jun 24, 2022 Common Stock 1.67K Direct F5, F8
holding CASY Restricted stock units 2.09K Jun 24, 2022 Common Stock 2.09K Direct F5, F9
holding CASY Restricted stock units 4.16K Jun 24, 2022 Common Stock 4.16K Direct F5, F10
holding CASY Restricted stock units 7.51K Jun 24, 2022 Common Stock 7.51K Direct F5, F11
* 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. Rebelez under Casey's 2020 fiscal year long-term incentive compensation program.
F2 Closing price of Casey's General Stores, Inc. Common Stock on June 24, 2022.
F3 Represents the number of shares of Common Stock earned upon the vesting of performance-based restricted stock units awarded to Mr. Rebelez under his "make-whole award" of June 24, 2019, granted in conjunction with his commencement of employment as Casey's President and CEO
F4 Allocated to Mr. Rebelez's 401k plan account as of April 30, 2022. Does not include any shares allocated by the plan trustee after that date.
F5 Each restricted stock unit represents the right to receive, following vesting, one share of Common Stock.
F6 Pursuant to terms and conditions of 2018 Stock Incentive Plan. This award vested in full on June 24, 2022.
F7 Pursuant to terms and conditions of Mr. Rebelez's "make-whole award" of June 24, 2019, granted in conjunction with his commencement of employment as Casey's President and CEO. This award vested in full on June 24, 2022.
F8 Represents the number of restricted stock units earned upon achievement of the performance criteria pursuant to the terms and conditions of Mr. Rebelez's "special strategic grant" of December 23, 2019. The remainder of this award will vest on January 15, 2023.
F9 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.
F10 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.
F11 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.