Donald Bassell - 01 Mar 2023 Form 4 Insider Report for ARKO Corp. (ARKO)

Role
CFO
Signature
/s/ Donald Bassell
Issuer symbol
ARKO
Transactions as of
01 Mar 2023
Net transactions value
-$34,989
Form type
4
Filing time
03 Mar 2023, 16:01:18 UTC
Previous filing
04 Jan 2023

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 +9,423 +21% 53,621 01 Mar 2023 Direct F1
transaction ARKO Common Stock, par value $0.0001 per share Tax liability $34,989 -4,078 -7.6% $8.58 49,543 01 Mar 2023 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 -9,423 -33% $0.000000 18,846 01 Mar 2023 Common Stock, par value $0.0001 per share 9,423 Direct F1, F2
transaction ARKO Restricted Stock Units Award $0 +14,569 $0.000000 14,569 02 Mar 2023 Common Stock, par value $0.0001 per share 14,569 Direct F1, 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 On March 2, 2022, the reporting person was granted 28,269 RSUs, vesting in three equal annual installments beginning on March 1, 2023.
F3 The RSUs will vest and convert into shares of common stock on March 1, 2024, subject to the reporting person's continued employment or service through the vesting date.