Reilly John B. III 4
4 · CrossAmerica Partners LP · Filed Jul 26, 2021
Insider Transaction Report
Form 4
Reilly John B. III
Director
Transactions
- Exercise/Conversion
Common Units
2021-07-23+1,509→ 20,506 total - Exercise/Conversion
Phantom Units
2021-07-23−1,509→ 3,252 total→ Common Units (1,509 underlying)
Footnotes (3)
- [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]As reported on the Form 4 filed on June 15, 2021, prior to this transaction, Mr. Reilly directly held 18,997 Common Units. In addition, as one of the two trustees of the 2008 Irrevocable Agreement of Trust of John B Reilly Jr. (the "Trust"), Mr. Reilly may be deemed to be the indirect beneficial owner of all of the 4,964,611 Common Units directly held by the Trust.
- [F3]Phantom units vested on July 23, 2021 and were converted to common units at the discretion of the Issuer.