Arie Kotler - 16 Apr 2024 Form 4 Insider Report for ARKO Corp. (ARKO)

Signature
/s/ Maury Bricks, Attorney-in-Fact
Issuer symbol
ARKO
Transactions as of
16 Apr 2024
Net transactions value
$0
Form type
4
Filing time
18 Apr 2024, 09:00:06 UTC
Previous filing
06 Mar 2024
Next filing
04 Mar 2025

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 Award $0 +50,604 +32% $0.000000 208,742 16 Apr 2024 Common Stock, par value $0.0001 per share 50,604 Direct F1, F2
transaction ARKO Performance Stock Units Award $0 +448,176 $0.000000 448,176 16 Apr 2024 Common Stock, par value $0.0001 per share 448,176 Direct F3
* 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 will vest and convert into shares of common stock in three equal annual installments commencing on March 1, 2025, subject to the reporting person's continued employment or service through the vesting date, with certain accelerated vesting upon termination of employment.
F3 Grant of performance-based RSUs ("PSUs") providing for target issuance of 298,784 shares (the "Target Amount") of common stock of the Company, subject vesting upon the common stock achieving a certain specified price per share during the performance period. Depending on the price per share of common stock during the performance period, the PSUs may vest into shares of common stock representing between 50% and 150% of the Target Amount. Columns 5, 7 and 9 above present the maximum amount of PSUs, and the underlying shares of common stock, that may vest, which represent 150% of the Target Amount.