SEC Form 4 · accession 0001448219-17-000006

CST BRANDS, LLC · CST

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — President and CEO · Director

Period of report

Mar 8, 2017

Accepted (ET)

Mar 9, 2017 · 5:52 pm EST

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 $0.01^F1,F2	Mar 8, 2017	M	8,416	—	A	92,432	D
Common Stock, Par Value $0.01^F3,F4	Mar 8, 2017	F	3,531	$48.295	D	88,901	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F5,F6	—	Mar 8, 2017	M	8,416	D	Mar 8, 2017	—	Common Stock	8,416	16,832	D

F1Shares of common stock acquired upon vesting of restricted stock units.
F2This balance includes 85 shares held in a CST Brand, Inc. savings plan, 242 dividend reinvestment shares and 975 shares that were acquired pursuant to the CST Brands, Inc. Employee Stock Purchase Plan.
F3Shares of common stock withheld in payment of the reporting persons' tax withholding triggered by vesting.
F4The mean of the highest and lowest prices of CST Brands, Inc. common stock on March 8, 2017.
F5Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
F6On March 8, 2016, the reporting person was granted 25,248 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.