Company: CAPL
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0000950170-25-028082
Chunk: 24

Company: CrossAmerica Partners LP
Filing Date: 2025-02-27
Form: 10-K
Item: Item 11
Chunk 24
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 LTI Plan
     
    12/10/2024

    —

    146,250

    292,500

    4,747

    97,503

    Keenan D. Lynch

    CAPL 2024 Bonus Plan

    —

    162,500

    CAPL LTI Plan
     
    12/10/2024

    —

    121,875

    243,750

    5,934

    121,884

    Robert Brecker

    CAPL 2024 Bonus Plan

    —

    162,500

    CAPL LTI Plan
     
    12/10/2024

    —

    81,250

    162,500

    3,956

    81,256

    Stephen J. Lattig

    CAPL 2024 Bonus Plan

    —

    162,500

    CAPL LTI Plan
     
    12/10/2024

    —

    81,250

    162,500

    3,956

    81,256

(1)The amounts will be paid as follows: the first $25,000 in cash and the remainder of the bonus will be paid 50% in cash and 50% in fully vested common units.

101 

(2)Represents an award of PBUAs under the long-term incentive plan. The PBUAs are granted and calculated in dollar amounts and then will convert into common units or cash, or both, at the discretion of the Board, based on attainment of the performance goals. Therefore, the columns in this table represent the dollar amounts and not the number of units. The PBUAs vest on December 31, 2027. The PBUAs are weighted 50% for Increase of Funds Flow from Operations per Unit and 50% for Partnership Leverage, with a performance period from January 1, 2025 to December 31, 2027 and the reference period ending on December 31, 2024.

(3)Represents an award of TBUAs under the long-term incentive plan. Of this award, 50% will vest a third each on December 31, 2025, 2026 and 2027. The remaining 50% will vest upon death, disability or retirement with board approval.

(4)The amounts shown represent the