Keenan D. Lynch - 31 Dec 2023 Form 4 Insider Report for CrossAmerica Partners LP (CAPL)

Role
Gen Counsel and CAO, Director
Signature
Keenan D. Lynch
Issuer symbol
CAPL
Transactions as of
31 Dec 2023
Net transactions value
-$18,673
Form type
4
Filing time
03 Jan 2024, 14:10:12 UTC
Previous filing
24 Oct 2023
Next filing
12 Mar 2024
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 +2,846 +49% 8,680 31 Dec 2023 Direct F1
transaction CAPL Common Units Tax liability $18,673 -819 -9.4% $22.80 7,861 31 Dec 2023 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 -2,846 -20% $0.000000 11,123 31 Dec 2023 Common Units 2,846 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 Issuer's common units.
F5 December 31, 2023.