CrossAmerica Partners LP 4
4 · CrossAmerica Partners LP · Filed Apr 17, 2017
Insider Transaction Report
Form 4
Bergeron Jeremy
President
Transactions
- Exercise/Conversion
Common Units
2017-04-14+1,345→ 10,123 total - Exercise/Conversion
Phantom Units
2017-04-14−1,345→ 1,345 totalFrom: 2017-04-14→ Common Units (1,345 underlying) - Tax Payment
Common Units
2017-04-14$25.72/sh−634$16,306→ 9,489 total
Footnotes (5)
- [F1]Common units acquired upon vesting of phantom units issued in April 2015.
- [F2]Common units withheld in payment of the reporting person's tax withholding triggered by vesting.
- [F3]The closing price of CrossAmerica Partners LP common units on the trading day prior to the applicable date.
- [F4]Each phantom unit represents a contingent right to receive one share of the issuer's common unit.
- [F5]On April 14, 2015 the reporting person was granted 4,077 phantom units. The phantom units vest in three equal annual installments beginning on the first anniversary date 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.