Charles M. Nifong Jr. - 31 Dec 2022 Form 4 Insider Report for CrossAmerica Partners LP (CAPL)

Role
President and CEO, Director
Signature
/s/ Christina Casey-Best as Attorney in Fact for Charles M. Nifong, Jr.
Issuer symbol
CAPL
Transactions as of
31 Dec 2022
Net transactions value
-$27,703
Form type
4
Filing time
03 Jan 2023, 14:46:23 UTC
Previous filing
25 Oct 2022
Next filing
14 Mar 2023
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 +4,856 +22% 26,932 31 Dec 2022 Direct F1
transaction CAPL Common Units Tax liability $27,703 -1,397 -5.2% $19.83 25,535 31 Dec 2022 Direct F2, F3

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 $0 -4,856 -12% $0.000000 34,562 31 Dec 2022 Common Units 4,856 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Common Units acquired upon vesting of phantom units.
F2 Common units withheld in payment of the reporting person's tax withholding triggered by vesting.
F3 The price at the close of business on the day preceding the vest event.
F4 Each phantom unit represents a contingent right to receive one of the Issuers common units.
F5 December 31, 2022.