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GLOBAL PARTNERS LP — Director's Dealing 2011
Jan 11, 2011
31828_dirs_2011-01-11_d4710c0a-aa5a-4379-a35c-95433cee8b76.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: GLOBAL PARTNERS LP (GLP)
CIK: 0001323468
Period of Report: 2011-01-10
Reporting Person: Global GP LLC (Director, General Partner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-01-10 | Common units representing limited partner interests | J | 1200 | $27.82 | Disposed | 31110 | Direct |
Footnotes
F1: The transaction is the transfer of common units representing limited partner interests in Global Partners LP, in settlement of the vesting of the phantom units that were granted to Mr. McKown under a Grant Agreement dated April 20, 2010 pursuant to the Global Partners Long-Term Incentive Plan, as a result of the satisfaction of vesting conditions set forth in the Grant Agreement. No cash consideration was received by the reporting person for this transaction.
F2: The price reported in Column 4 is the closing market price on the date of transfer of common units by the reporting person to Mr. McKown.