AI assistant
GLOBAL PARTNERS LP — Director's Dealing 2013
Jul 1, 2013
31828_dirs_2013-07-01_a09b4cdd-b12c-43fb-9162-fabeb62768f1.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: GLOBAL PARTNERS LP (GLP)
CIK: 0001323468
Period of Report: 2013-03-19
Reporting Person: Faneuil Edward J (EVP and General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-03-19 | Common units representing limited partner units | M | 24251 | — | Acquired | 58645 | Direct |
| 2013-03-19 | Common units representing limited partner units | D | 8488 | $37.29 | Disposed | 50157 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-03-19 | Phantom Units | $0 | M | 24251 | Disposed | 2013-03-19 | Common Units (24251) | Direct |
| 2013-06-27 | Phantom Units | $0 | A | 76356 | Acquired | Common Units (76356) | Direct |
Footnotes
F1: Acquisition of common units representing limited partner interests in Global Partners LP, in settlement of 50% of the phantom units that were granted to Mr. Edward J. Faneuil under a Grant Agreement dated February 5, 2009 pursuant to the Global Partners LP Long-Term Incentive Plan, as a result of the satisfaction of certain early vesting conditions set forth in the Grant Agreement.
F2: Each phantom unit is the economic equivalent of one common unit of Global Partners LP.
F3: The phantom units will vest as follows: 33 1/3% on July 1, 2017, 66 2/3% on July 1, 2018 and 100% on July 1, 2019.