Topper Maura 4
4 · CrossAmerica Partners LP · Filed Dec 11, 2024
Insider Transaction Report
Form 4
Topper Maura
DirectorChief Financial Officer
Transactions
- Award
Phantom Units
2024-12-10+4,747→ 16,216 total→ Common Units (4,747 underlying)
Footnotes (2)
- [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 distribution authorized to be paid to the holders of Common Units.
- [F2]50% of the grant will vest ratably over three years, each as of December 31, until December 31, 2027. 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.