SEC Form 4 · accession 0001448219-16-000015
CST BRANDS, LLC · CST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Kimberly S Lubel
Officer — President and CEO · Director
Period of report
Mar 8, 2016
Accepted (ET)
Mar 10, 2016 · 7:37 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001562039
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Mar 8, 2016 | A | 25,248 | A | — | — | Common Stock | 25,248 | 25,248 | D |
| Stock Option (Right to Buy)F3 | $38.76 | Mar 8, 2016 | A | 88,473 | A | Mar 8, 2017 | Mar 8, 2026 | Common Stock | 88,473 | 88,473 | D |
| Market Stock UnitF4,F5 | — | Mar 8, 2016 | A | 25,245 | A | — | — | Common Stock | 25,245 | 25,245 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
- F2The 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.
- F3The stock options vest in three equal annual installments beginning on the first anniversary of the grant date.
- F4Each market stock unit award represents a contingent right to receive one share of the issuer's common stock.
- F5The market stock unit award will vest in three years from the grant date and will be settled in issuer's common stock.