Kenneth G. Valosky - 23 Jul 2021 Form 4 Insider Report for CrossAmerica Partners LP (CAPL)

Role
Director
Signature
/s/ Christina Casey Best as Attorney in Fact for Kenneth G. Valosky
Issuer symbol
CAPL
Transactions as of
23 Jul 2021
Net transactions value
$0
Form type
4
Filing time
26 Jul 2021, 15:56:52 UTC
Previous filing
26 Jul 2021
Next filing
25 Jul 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAPL Common Units Options Exercise +4,102 +61% 10,843 23 Jul 2021 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 -4,102 -36% 7,354 23 Jul 2021 Common Units 4,102 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 23, 2021 and were converted into common units at the discretion of the Issuer.