Eyal Nuchamovitz - Mar 1, 2023 Form 4 Insider Report for ARKO Corp. (ARKO)

Signature
/s/ Donald Bassell, Attorney-in-Fact
Stock symbol
ARKO
Transactions as of
Mar 1, 2023
Transactions value $
-$28,280
Form type
4
Date filed
3/3/2023, 04:01 PM
Previous filing
Jan 4, 2023
Next filing
Jan 3, 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 +8.83K +17.29% 59.9K Mar 1, 2023 Direct F1
transaction ARKO Common Stock, par value $0.0001 per share Tax liability -$28.3K -3.3K -5.5% $8.58 56.6K Mar 1, 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 -8.83K -33.33% $0.00 17.7K Mar 1, 2023 Common Stock, par value $0.0001 per share 8.83K Direct F1, F2
transaction ARKO Restricted Stock Units Award $0 +46.6K $0.00 46.6K Mar 2, 2023 Common Stock, par value $0.0001 per share 46.6K 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 26,502 RSUs, vesting in three equal annual installments beginning on March 1, 2023.
F3 The RSUs will vest and convert into shares of common stock in three equal annual installments commencing on March 1, 2024, subject to the reporting person's continued employment or service through the vesting date.

Remarks:

Executive Vice President - Business Development and M&A