Justin A. Gannon - Jul 22, 2021 Form 4 Insider Report for CrossAmerica Partners LP (CAPL)

Role: Director
Signature: /s/ Christina Casey-Best as Attorney in Fact for Justin A. Gannon
Stock symbol: CAPL
Transactions as of: Jul 22, 2021
Transactions value $: $0
Form type: 4
Date filed: 7/26/2021, 04:17 PM
Next filing: Jul 26, 2021

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	Award	$0	+3.25K	+79.28%	$0.00	7.35K	Jul 22, 2021	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 is the economic equivalent of one common unit ("Common Unit") representing a limited partner interest in CrossAmerica Partners LP, and is accompanied by tandem distribution equivalent rights that entitle the holder to cash payments equal of distributions authorized to be paid to the holders of Common Units.
F2	The phantom units will vest in one annual installment on the first anniversary of the grant date, and when vested will be converted into either cash or common units, at the discretion of the Issuer.