SEC Form 4 · accession 0001448219-15-000006
CST BRANDS, LLC · CST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kimberly S Lubel
Officer — President and CEO · Director
Period of report
Mar 10, 2015
Accepted (ET)
Mar 12, 2015 · 6:22 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 | 13,682 | — | A | 86,937 | D | |
| Common Stock, Par Value $0.01F2,F3 | Mar 10, 2015 | F | 5,740 | $42.06 | D | 81,197 | 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 | — | Mar 10, 2015 | M | 13,682 | D | Mar 10, 2015 | — | Common Stock | 13,682 | 27,364 | 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.
- F5On March 10, 2014, the reporting person was granted 41,046 restricted stock units that vest in three equal annual installments beginning on the first anniversary of the grant date.