SEC Form 4 · accession 0001571115-16-000014
CST BRANDS, LLC · CST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gerard J Sonnier
Officer — SVP, GC and Secretary
Period of report
Nov 14, 2016
Accepted (ET)
Nov 15, 2016 · 3:09 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 |
|---|---|---|---|---|---|---|---|---|
| Cmomon StockF1 | Nov 14, 2016 | M | 602 | — | A | 602 | D | |
| Cmomon StockF2,F3 | Nov 14, 2016 | F | 225 | $48.165 | D | 377 | 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 | — | Nov 14, 2016 | M | 602 | D | Nov 14, 2015 | — | Common Stock | 602 | 602 | 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 November 14, 2016.
- F4Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
- F5On November 14, 2014, the reporting person was granted 1,806 restricted stock units that vest in three equal annual installments beginning on the first anniversary of the grant date.