Thomas E. Kelso - Jul 25, 2024 Form 4 Insider Report for CrossAmerica Partners LP (CAPL)

Role
Director
Signature
Christina Casey-Best as attorney-in-fact for Thomas E. Kelso
Stock symbol
CAPL
Transactions as of
Jul 25, 2024
Transactions value $
$0
Form type
4
Date filed
7/25/2024, 09:08 AM
Previous filing
Jul 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAPL Common Units Options Exercise +3.25K +131.22% 5.73K Jul 25, 2024 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 +1911.18% 3.42K Jul 25, 2024 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 25, 2024 and were converted into Common Units at the discretion of the Issuer.