John B. Reilly III - Jul 22, 2022 Form 4 Insider Report for CrossAmerica Partners LP (CAPL)

Role: Director, 10%+ Owner
Signature: /s/ Christina Casey-Best as Attorney in Fact for John B. Reilly, III
Stock symbol: CAPL
Transactions as of: Jul 22, 2022
Transactions value $: $0
Form type: 4
Date filed: 7/25/2022, 03:42 PM
Previous filing: Jul 25, 2022
Next filing: Jul 24, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CAPL	Common Units	Options Exercise		+3.25K	+15.86%		23.8K	Jul 22, 2022	Direct	F1, F2

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, F3

* 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	As reported on the Form 4 filed on July 23, 2021, prior to this transaction, Mr. Reilly directly held 20,506 Common Units. In addition, as one of the two trustees of the 2008 Irrevocable Agreement of Trust of John B Reilly Jr. (the "Trust"), Mr. Reilly may be deemed to be the indirect beneficial owner of all of the 4,964,611 Common Units directly held by the Trust.
F3	Phantom units vested on July 22, 2022 and were converted to common units at the discretion of the Issuer.