CASEYS GENERAL STORES INC — Director's Dealing 2021

Jan 4, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CASEYS GENERAL STORES INC (CASY)
CIK: 0000726958
Period of Report: 2021-01-02

Reporting Person: FRAZELL CHAD MICHAEL (Chief HR Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-02	Common Stock	M	1520	—	Acquired	1520	Direct
2021-01-02	Common Stock	F	501	$178.62	Disposed	1019	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-02	Restricted stock units	$	M	1520	Disposed		Common Stock (1520.0)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted stock units	$		Common Stock (280.0)	280	Direct
Restricted stock units	$		Common Stock (909.0)	909	Direct

Footnotes

F1: Pursuant to terms and conditions of 2018 Stock Incentive Plan and in accordance with the terms and conditions of Mr. Frazell's "make-whole award" of January 2, 2020, granted in conjunction with his commencement of employment as Casey's Chief Human Resources Officer. This award will vest 1/3 on each of the first three anniversaries of the award date.

F2: Each restricted stock unit represents the right to receive, following vesting, one share of Common Stock.

F3: Pursuant to terms and conditions of 2018 Stock Incentive Plan. This award will vest in full on June 15, 2022. Not included in the reported award amount is a target amount of performance-based restricted stock units that will vest on June 15, 2022, but which are subject to the satisfaction of certain performance criteria other than solely the price of Casey's Common Stock; the final amount of shares earned, if any, will be reported upon vest and satisfaction of those performance measures.

F4: Pursuant to terms and conditions of 2018 Stock Incentive Plan. This award will vest in equal installments on June 15, 2021, June 15, 2022 and June 15, 2023. Not included in the reported award amount is a target amount of performance-based restricted stock units that will vest on June 15, 2023, but which are subject to the satisfaction of certain performance criteria other than solely the price of Casey's Common Stock; the final amount of shares earned, if any, will be reported upon vest and satisfaction of those performance measures.