Thomas P. Brennan Jr. - 15 Jun 2023 Form 4 Insider Report for CASEYS GENERAL STORES INC (CASY)

Signature
Scott Faber, under Power of Attorney dated October 17, 2019
Issuer symbol
CASY
Transactions as of
15 Jun 2023
Net transactions value
-$596,514
Form type
4
Filing time
20 Jun 2023, 18:28:32 UTC
Previous filing
02 Jun 2023
Next filing
14 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CASY Common Stock Options Exercise $0 +345 +8.4% $0.000000 4,439 15 Jun 2023 Direct
transaction CASY Common Stock Options Exercise $0 +396 +8.9% $0.000000 4,835 15 Jun 2023 Direct
transaction CASY Common Stock Options Exercise $0 +450 +9.3% $0.000000 5,285 15 Jun 2023 Direct
transaction CASY Common Stock Award $0 +6,200 +117% $0.000000 11,485 15 Jun 2023 Direct F1
transaction CASY Common Stock Tax liability $596,514 -2,680 -23% $222.58 8,805 15 Jun 2023 Direct F2
holding CASY Common Stock 231 15 Jun 2023 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 -345 -100% $0.000000* 0 15 Jun 2023 Common Stock 345 Direct F4, F5
transaction CASY Restricted stock units Options Exercise $0 -396 -50% $0.000000 397 15 Jun 2023 Common Stock 396 Direct F4, F6
transaction CASY Restricted stock units Options Exercise $0 -450 -33% $0.000000 900 15 Jun 2023 Common Stock 450 Direct F4, F7
holding CASY Restricted stock units 1,233 15 Jun 2023 Common Stock 1,233 Direct F4, F8
* 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. Brennan under Casey's 2021 fiscal year long-term incentive compensation program.
F2 Closing price of Casey's General Stores, Inc. Common Stock on June 15, 2023.
F3 Allocated to 401k plan account as of April 30, 2023. 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 remainder of this award vested on June 15, 2023. Not included in the reported award amount is a target amount of performance-based restricted stock units that vested 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 is reported above.
F6 Pursuant to terms and conditions of 2018 Stock Incentive Plan. The remainder of this award will vest on 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. The remainder of this award will vest in equal installments on 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.
F8 Pursuant to terms and conditions of 2018 Stock Incentive Plan. This award will vest in equal installments on June 15, 2024, June 15, 2025 and June 15, 2026. Not included in the reported award amount is a target amount of performance-based restricted stock units that will vest on June 15, 2026, 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.