Joseph V. Topper Jr. - Jul 22, 2022 Form 4 Insider Report for CrossAmerica Partners LP (CAPL)

Role
Director, 10%+ Owner
Signature
/s/ Christina Casey-Best, Attorney in Fact for Joseph V. Topper, Jr.
Stock symbol
CAPL
Transactions as of
Jul 22, 2022
Transactions value $
$0
Form type
4
Date filed
7/25/2022, 03:17 PM
Previous filing
Jul 25, 2022
Next filing
Sep 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAPL Common Units Options Exercise +3.25K +4.86% 70.2K Jul 22, 2022 Direct F1

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 CAPL Phantom Units Options Exercise -3.25K -51.68% 3.04K Jul 22, 2022 Common Units 3.25K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each phantom unit was the economic equivalent of one common unit ("Common Unit") representing a limited partner interest in CrossAmerica Partners LP (the "Issuer"). The reporting person acquired Common Units upon vesting of the phantom units.
F2 Phantom units vested on July 22, 2022 and were converted into common units at the discretion of the Issuer.