GLOBAL PARTNERS LP — Director's Dealing 2012

Mar 5, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLOBAL PARTNERS LP (GLP)
CIK: 0001323468
Period of Report: 2012-03-01

Reporting Person: Slifka Richard (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-01	Common units representing limited partner interests	P	5850000	—	Acquired	5850000	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common units representing limited partner interests	1725463	Indirect
Common units representing limited partner interests	2348078	Indirect
Common units representing limited partner interests	8475	Indirect
Common units representing limited partner interests	120356	Indirect
Common units representing limited partner interests	50007	Direct

Footnotes

F1: Pursuant to a Contribution Agreement (the "Contribution Agreement") dated November 21, 2011 between the Issuer and AE Holdings Corp. ("AEHC"), the Issuer acquired from AEHC 100% of the outstanding membership interests in Alliance Energy LLC in exchange for (i) the issuance to AEHC of 5,850,000 Common Units and (ii) an agreed upon post-closing cash adjustment.

F2: Richard Slifka and Alfred A. Slifka each owns stock directly in AEHC. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these Common Units in this report shall not be deemed an admission of beneficial ownership of all the reported Common Units for purposes of Section 16 or for any other purpose.

F3: Richard Slifka and Alfred A. Slifka are equal indirect beneficial owners of the Common Units held by Global Petroleum Corp.

F4: Richard Slifka and Alfred A. Slifka are equal indirect beneficial owners of the Common Units held by Montello Oil Corporation.

F5: Richard Slifka and Alfred A. Slifka are equal indirect beneficial owners of the Common Units held by Sandwich Terminal, L.L.C.

F6: Richard Slifka and Alfred A. Slifka are equal indirect beneficial owners of the Common Units held by Chelsea Terminal Limited Partnership.