CST BRANDS, INC. 4
4 · CST BRANDS, INC. · Filed Mar 14, 2017
Insider Transaction Report
Form 4
Adams Charles (Hal)
Senior VP--Marketing
Transactions
- Exercise/Conversion
Common Stock, Par Value $0.01
2017-03-12+1,868→ 12,050 total - Exercise/Conversion
Restricted Stock Units
2017-03-12−1,868→ 1,868 totalFrom: 2017-03-12→ Common Stock (1,868 underlying) - Tax Payment
Common Stock, Par Value $0.01
2017-03-12$48.33/sh−740$35,761→ 11,310 total
Footnotes (5)
- [F1]Shares of common stock acquired upon vesting of restricted stock units.
- [F2]Shares of common stock withheld in payment of the reporting person's tax withholding triggered by vesting.
- [F3]The mean of the highest and lowest prices of CST Brands, Inc. common stock on March 12, 2017.
- [F4]Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
- [F5]On March 12, 2015, the reporting person was granted 5,604 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 within sixty (60) days of the applicable date of vesting.