4//SEC Filing
Federer Michael W 4
Accession 0001760643-19-000004
CIK 0001538849other
Filed
Nov 20, 7:00 PM ET
Accepted
Nov 21, 4:43 PM ET
Size
8.1 KB
Accession
0001760643-19-000004
Insider Transaction Report
Form 4
Federer Michael W
Sr Director Legal and Corp Sec
Transactions
- Exercise/Conversion
Phantom Performance Units
2019-11-19−1,564→ 0 totalFrom: 2022-07-18→ Common Units (1,564 underlying) - Exercise/Conversion
Common Units
2019-11-19+1,564→ 1,564 total
Footnotes (3)
- [F1]On November 19, 2019 CST Brands, LLC ("Seller"), CST GP, LLC, CST Brands Holdings, LLC, certain subsidiaries of Seller (collectively, the "Seller Group"), Lehigh Gas GP Holdings LLC (the "GP Buyer"), Dunne Manning CAP Holdings II LLC (the "IDR Buyer"), and Dunne Manning Cap Holdings I LLC (the "LP Buyer" and collectively with the GP Buyer and the IDR Buyer, the "Buyers") entered into a Securities Purchase Agreement (the "SPA"). At the discretion of the Issuer and contingent upon the execution of and under the terms of the SPA, each award of unvested Phantom units outstanding immediately prior to the effective time of the SPA became fully vested and was converted into common units on a one-for-one basis.
- [F2]Each Performance Unit represents a contingent right to receive one unit of the Issuer's Common Units.
- [F3]Prior to becoming a filer, on November 12, 2018 the reporting person was granted 754 Performance Units that vest three years from the grant date. On July 8, 2019, the reporting person was granted 810 Performance Units that vest three years from the grant date. See Note 1 regarding the conversion of the outstanding Performance Units.
Documents
Issuer
CrossAmerica Partners LP
CIK 0001538849
Entity typeother
Related Parties
1- filerCIK 0001760643
Filing Metadata
- Form type
- 4
- Filed
- Nov 20, 7:00 PM ET
- Accepted
- Nov 21, 4:43 PM ET
- Size
- 8.1 KB