Arie Kotler - 01 Mar 2024 Form 4 Insider Report for ARKO Corp. (ARKO)

Signature
/s/ Maury Bricks, Attorney-in-Fact
Issuer symbol
ARKO
Transactions as of
01 Mar 2024
Net transactions value
-$100,827
Form type
4
Filing time
06 Mar 2024, 15:16:37 UTC
Previous filing
01 Mar 2024
Next filing
18 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARKO Common Stock, par value $0.0001 per share Options Exercise +63,604 +0.55% 11,550,934 01 Mar 2024 Direct F1
transaction ARKO Common Stock, par value $0.0001 per share Tax liability $100,827 -15,488 -0.13% $6.51 11,535,446 04 Mar 2024 Direct

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 ARKO Restricted Stock Units Options Exercise $0 -63,604 -50% $0.000000 63,604 01 Mar 2024 Common Stock, par value $0.0001 per share 63,604 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") provide for the right to receive one share of common stock, $0.0001 par value per share ("common stock"), of ARKO Corp. (the "Company") on a one-for-one basis.
F2 The RSUs vest and convert into shares of common stock in three equal annual installments commencing on March 1, 2023, subject to the reporting person's continued employment or service through the vesting date, with certain accelerated vesting upon termination of employment.