Chad Michael Frazell - Jan 2, 2023 Form 4 Insider Report for CASEYS GENERAL STORES INC (CASY)

Role
Chief HR Officer
Signature
Scott Faber, under Power of Attorney dated January 2, 2020
Stock symbol
CASY
Transactions as of
Jan 2, 2023
Transactions value $
-$133,713
Form type
4
Date filed
1/4/2023, 04:29 PM
Previous filing
Jun 17, 2022
Next filing
Jun 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CASY Common Stock Options Exercise $0 +1.52K +43.69% $0.00 5K Jan 2, 2023 Direct
transaction CASY Common Stock Tax liability -$134K -596 -11.93% $224.35 4.4K Jan 2, 2023 Direct F1
holding CASY Common Stock 131 Jan 2, 2023 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 -1.52K -100% $0.00* 0 Jan 2, 2023 Common Stock 1.52K Direct F3, F4
holding CASY Restricted stock units 303 Jan 2, 2023 Common Stock 303 Direct F3, F5
holding CASY Restricted stock units 566 Jan 2, 2023 Common Stock 566 Direct F3, F6
holding CASY Restricted stock units 958 Jan 2, 2023 Common Stock 958 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 December 30, 2022.
F2 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.
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 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 Chief Human Resources Officer.
F5 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.
F6 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.
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.