Kelso Thomas E 4
4 · CrossAmerica Partners LP · Filed Feb 28, 2023
Insider Transaction Report
Form 4
Kelso Thomas E
Director
Transactions
- Award
Phantom Units
2023-02-24+976→ 0 total→ Common Units (976 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 LP, and is accompanied by tandem distribution equivalent rights that entitle the holder to cash payments equal of distributions authorized to be paid to the holders of Common Units.
- [F2]The phantom units will vest in one annual installment on July 21, 2023, and when vested will be converted into either cash or common units, at the discretion of the Issuer.