CrossAmerica Partners LP 4
4 · CrossAmerica Partners LP · Filed Oct 3, 2014
Insider Transaction Report
Form 4
Sheaffer David A.
Chief Accounting Officer
Transactions
- Exercise/Conversion
Common Units
2014-10-01+1,387→ 2,009 total - Exercise/Conversion
Phantom Units
2014-10-01−2,010→ 0 totalExercise: $0.00→ Common Units (0 underlying)
Footnotes (2)
- [F1]These common units were acquired as a result of the conversion of phantom units issued in June 17, 2013 which vested on October 1, 2014, less any common units withheld for payment of applicable withholding taxes. Each Phantom Unit is the economic equivalent of one common unit.
- [F2]The Phantom Units were originally scheduled to vest over a three-year period. However, due to a change in control of Lehigh Gas Partners LP on October 1, 2014, the vesting accelerated to such date pursuant to the issuer's Executive Income Continuity Plan.