Company: CAPL
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0000950170-25-028082
Chunk: 15

Company: CrossAmerica Partners LP
Filing Date: 2025-02-27
Form: 10-K
Item: Item 11
Chunk 15
---
 Nifong’s target bonus is 100% of base salary with a payout range of 0% to 125% of base salary. Ms. Topper, Messrs. Lynch, Brecker and Lattig’s target bonus is 50% of base salary with a payout range of 0% to 117.5% of their target bonus.

The purpose of the 2024 Bonus Plan is to motivate executives to achieve objectives with a higher degree of difficulty and thereby achieve or exceed the business plan of the Partnership.

Under the 2024 Bonus Plan, the attainment of performance metrics and the achievement factor were determined once the measurement period ended on December 31, 2024. 

Based on the metrics, weightings assigned, and results achieved, the payout under the 2024 Bonus Plan for executive officers ranges from 45% to 58% of the target bonus amount. For non-senior management personnel, the bonus plan included departmental goals for each department that were weighted to arrive at a target bonus amount. Overall, the plan paid at a level of approximately 45% of target bonus, with certain personnel at either higher or lower amounts based on their individual and department level performance. 

    Name
     
    2024 AnnualBase Salary ($)(1)

    Target Bonus Planas a % ofBase Salary

    Bonus Plan Targetat 100% ($)

    2024 Actual Bonus Plan as a % of Bonus Plan Target

    2024 Bonus Plan Payment Approved ($) (2) (3)

    Charles M. Nifong, Jr.

    500,000

    100
    %

    500,000

    45
    %

    223,500

    Maura Topper

    325,000

    50
    %

    162,500

    58
    %

    93,503

    Keenan D. Lynch

    325,000

    50
    %

    162,500

    55
    %

    89,846

    Robert Brecker

    325,000

    50
    %

    162,500

    48
    %

    78,573

    Stephen J. Lattig

    325,000

    50
    %

    162,500

    45
    %

    73,625

(1)The amounts shown represent annualized base salary