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CrossAmerica Partners LP — Director's Dealing 2021
Mar 1, 2021
32402_dirs_2021-03-01_6b5a6e07-84d1-4afd-a770-1fc2fd0fd9ed.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CrossAmerica Partners LP (CAPL)
CIK: 0001538849
Period of Report: 2021-02-25
Reporting Person: Topper Joseph V. Jr. (Director, 10% Owner)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-25 | Phantom Units | $ | A | 1509 | Acquired | Common Units (1509.0) | Direct |
Footnotes
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 on a quarterly basis.
F2: The phantom units will vest in one installment on July 23, 2021, subject to the terms that apply to such award, and when vested will be converted into either cash or Common Units, at the discretion of the Issuer.