CST BRANDS, INC. 4
4 · CST BRANDS, INC. · Filed Mar 9, 2017
Insider Transaction Report
Form 4
Adams Charles (Hal)
Senior VP--Marketing
Transactions
- Exercise/Conversion
Common Stock, Par Value $0.01
2017-03-08+2,867→ 9,543 total - Exercise/Conversion
Restricted Stock Units
2017-03-08−2,867→ 5,734 totalFrom: 2017-03-08→ Common Stock (2,867 underlying) - Tax Payment
Common Stock, Par Value $0.01
2017-03-08$48.30/sh−1,136$54,863→ 8,407 total
Footnotes (6)
- [F1]Shares of common stock acquired upon vesting of restricted stock units.
- [F2]This amount includes 825 shares held in CST Brands, Inc. savings plan and 1,076 shares that were acquired pursuant to CST Brands, Inc. Employee Stock Purchase Plan.
- [F3]Shares of common stock withheld in payment of the reporting person's tax withholding triggered by vesting.
- [F4]The mean of the highest and lowest prices of CST Brands, Inc. stock on March 8, 2017.
- [F5]Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
- [F6]On March 8, 2016 the reporting person was granted 8,601 restricted stock units. The restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date. Vested shares will be delivered on or as soon as reasonably practical following the applicable date of vesting, but in any event no later than the 15th day of the third month following the end of the year in which the applicable date of vesting occurs.