Form 4 for CAPL CrossAmerica Partners LP

Accepted 2022-07-25 00:00:00 ET · period of report 2022-07-22 · accession 0001556592-22-000003 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
D	2022-07-25	2022-07-22	CAPL	Reilly John B. III	Dir, 10%	M - OptEx	—	+3,252	23.8K	+16%	—
D	2022-07-25	2022-07-22	CAPL	Reilly John B. III	Dir, 10%	M - OptEx	—	-3,252	3,041	-52%	—

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Units	2022-07-22	M	A	3,252	—	23,758	D	—	—	(F1) Each phantom unit was the economic equivalent of one common unit ("Common Unit") representing a limited partner interest in CrossAmerica Partners LP (the "Issuer"). The reporting person acquired Common Units upon vesting of the phantom units. (F2) As reported on the Form 4 filed on July 23, 2021, prior to this transaction, Mr. Reilly directly held 20,506 Common Units. In addition, as one of the two trustees of the 2008 Irrevocable Agreement of Trust of John B Reilly Jr. (the "Trust"), Mr. Reilly may be deemed to be the indirect beneficial owner of all of the 4,964,611 Common Units directly held by the Trust.
2	Derivative	Phantom Units	2022-07-22	M	D	3,252	—	3,041	D	— · — to —	3,252 Common Units	(F1) Each phantom unit was the economic equivalent of one common unit ("Common Unit") representing a limited partner interest in CrossAmerica Partners LP (the "Issuer"). The reporting person acquired Common Units upon vesting of the phantom units. (F3) Phantom units vested on July 22, 2022 and were converted to common units at the discretion of the Issuer.