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

Role
Chairman, President and CEO, Director, 10%+ Owner
Signature
/s/ Maury Bricks, Attorney-in-Fact
Stock symbol
ARKO
Transactions as of
Apr 16, 2024
Transactions value $
$0
Form type
4
Date filed
4/18/2024, 09:00 AM
Previous filing
Mar 6, 2024

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 +50.6K +32% $0.00 209K Apr 16, 2024 Common Stock, par value $0.0001 per share 50.6K Direct F1, F2
transaction ARKO Performance Stock Units Award $0 +448K $0.00 448K Apr 16, 2024 Common Stock, par value $0.0001 per share 448K 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.