Sherman Edmiston III - Apr 1, 2022 Form 4 Insider Report for ARKO Corp. (ARKO)

Role
Director
Signature
/s/ Donald Bassell, Attorney-in-Fact
Stock symbol
ARKO
Transactions as of
Apr 1, 2022
Transactions value $
$8,745
Form type
4
Date filed
4/4/2022, 04:30 PM
Previous filing
Jan 4, 2022
Next filing
Jul 5, 2022

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 $8.75K +961 +3.58% $9.10 27.8K Apr 1, 2022 Common Stock, par value $0.0001 per share 961 Direct F1, F2, 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 are immediately vested and provide for the right to receive one share of common stock upon the earlier of (i) the date on which the reporting person's service with the Company is terminated (for whatever reason) and (ii) the date of a change of control of the Company.
F3 The RSUs were issued to the reporting person pursuant to the Company's 2020 Incentive Compensation Plan in lieu of cash retainer fees of approximately $8,745.