SEC Form 4 · accession 0001556592-16-000017
CrossAmerica Partners LP · CAPL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John B. Reilly III
Director
Period of report
Dec 10, 2016
Accepted (ET)
Dec 13, 2016 · 2:45 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001538849
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common UnitsF1 | Dec 10, 2016 | M | 2,869 | — | A | 139,528 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom UnitsF1,F2 | — | Dec 10, 2016 | M | 2,869 | D | — | — | Common Units | 2,869 | 1,341 | D |
Explanation of responses
- F1Each 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.
- F2Phantom units vested on December 10, 2016 and were converted into common units at the discretion of the Issuer.