SEC Form 4 · accession 0001229536-15-000002
CST BRANDS, LLC · CST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Clayton E Killinger
Officer — Senior VP and CFO
Period of report
Mar 10, 2015
Accepted (ET)
Mar 12, 2015 · 5:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001562039
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.01F1 | Mar 10, 2015 | M | 6,294 | — | A | 43,867 | D | |
| Common Stock, Par Value $0.01F2,F3 | Mar 10, 2015 | F | 2,641 | $42.06 | D | 41,226 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF4,F5,F6 | — | Mar 10, 2015 | M | 6,294 | D | — | — | Common Stock | 6,294 | 12,588 | D |
Explanation of responses
- F1Shares of common stock acquired upon vesting of restricted stock units.
- F2Shares of common stock withheld in payment of the reporting person's tax withholding triggered by vesting.
- F3The mean of the highest and lowest prices of CST Brands, Inc. common stock on March 10, 2015.
- F4Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
- F5March 10, 2015
- F6On March 10, 2014, the reporting person was granted 18,882 restricted stock units that vest in three equal annual installments beginning on the first anniversary of the grant date.