Robert Brecker - 24 Apr 2023 Form 3 Insider Report for CrossAmerica Partners LP (CAPL)

Role: Executive Vice Pres Operations
Signature: Christina Casey-Best as attorney-in-fact for Robert Brecker
Issuer symbol: CAPL
Transactions as of: 24 Apr 2023
Transactions value $: $0
Form type: 3
Filing time: 24 Apr 2023, 14:41:42 UTC
Next filing: 23 Oct 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	CAPL	Common Units						9,155	24 Apr 2023	Direct
holding	CAPL	Common Units						1,441	24 Apr 2023	By Spouse

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
holding	CAPL	Phantom Units							24 Apr 2023	Common Units	2,364		Direct	F1, F2
holding	CAPL	Phantom Units							24 Apr 2023	Common Units	2,135		Direct	F1, F3
holding	CAPL	Phantom Units							24 Apr 2023	Common Units	3,434		Direct	F1, F4

* 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 L.P. and is accompanied by tandem distribution equivalent rights that entitle the holder to cash payments equal to the amount of distributions authorized to be paid to the holders of Common Units.
F2	On November 9, 2020, the reporting person was granted 3,546 phantom units. 50% of the grant will vest ratably over three years, each as of December 31, until December 31, 2023. 50% of the grant will vest upon death or disability, or retirement if such retirement is not adverse to the interests of the Issuer, as determined by the Board in its sole discretion. This 50% portion will expire, if unvested, 20 years from the grant date. The amount reported herein consists of 2,364 unvested units.
F3	On October 25, 2021, the reporting person was granted 2,562 phantom units. 50% of the grant will vest ratably over three years, each as of December 31, until December 31, 2024. 50% of the grant will vest upon death or disability, or retirement if such retirement is not adverse to the interests of the Issuer, as determined by the Board in its sole discretion. This 50% portion will expire, if unvested, 20 years from the grant date. The amount reported herein consists of 2,135 unvested units.
F4	On October 25, 2022, the reporting person was granted 3,434 phantom units. 50% of the grant will vest ratably over three years, each as of December 31, until December 31, 2025. 50% of the grant will vest upon death or disability, or retirement if such retirement is not adverse to the interests of the Issuer, as determined by the Board in its sole discretion. This 50% portion will expire, if unvested, 20 years from the grant date. The amount reported herein consists of 3,434 unvested units.