SEC Form 4 · accession 0001562039-15-000141
CrossAmerica Partners LP · CAPL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Nov 13, 2015
Accepted (ET)
Nov 19, 2015 · 4:17 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,F3 | Nov 13, 2015 | A | 19,800 | $24.9162 | A | 5,989,198 | I | See Footnote |
| Common UnitsF3 | Nov 17, 2015 | P | 18,600 | $24.633 | A | 6,007,798 | I | See Footnote |
| Common UnitsF3 | Nov 18, 2015 | A | 18,600 | $24.7802 | A | 6,026,398 | I | See Footnote |
| Common UnitsF3 | Nov 19, 2015 | A | 18,600 | $24.521 | A | 6,044,998 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person was not notified of the purchase until November 19, 2015 due to a clerical error.
- F2Pursuant to a unit purchase program under Rule 10b-18 of the Securities Exchange Act of 1934, as amended, approved by the independent executive committee of the Board of Directors of CST Brands, Inc. ("CST"), authorizing CST and its subsidiaries to purchase up to an aggregate of $50 million of common units of CrossAmerica Partners LP (the "Common Units"), CST Services LLC ("CST Services"), a direct wholly owned subsidiary of CST USA Inc. ("CST USA"), a direct wholly owned subsidiary of CST, purchased the Common Units reported in this Form 4 pursuant to a Rule 10b5-1 trading plan adopted by CST Services adopted on September 18, 2015.
- F3CST and CST USA are indirect beneficial owners of the Common Units held by CST Services.