SEC Form 4 · accession 0001229536-16-000011
CST BRANDS, LLC · CST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Clayton E Killinger
Officer — Executive VP and CFO
Period of report
Mar 12, 2016
Accepted (ET)
Mar 14, 2016 · 5:49 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 12, 2016 | M | 3,929 | — | A | 47,533 | 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 UnitsF2,F3 | — | Mar 12, 2016 | M | 3,929 | D | Mar 12, 2016 | — | Common Stock | 3,929 | 7,858 | D |
Explanation of responses
- F1Shares of common stock acquired upon vesting of restricted stock units.
- F2Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
- F3On March 12, 2015 the reporting person was granted 11,787 restricted stock units. The restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date. Vested shares will be delivered on or as soon as reasonably practical following the applicable date of vesting, but in any event within sixty (60) days of the applicable date of vesting.