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GLOBAL PARTNERS LP — Director's Dealing 2016
Jul 5, 2016
31828_dirs_2016-07-05_0fd38a17-bc35-4c47-a809-5ba7bb3d9f26.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: 2016-07-01
Reporting Person: Global GP LLC (General Partner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-07-01 | Common units representing limited partner interests | J | 750 | $13.44 | Disposed | 480863 | Direct |
| 2016-07-01 | Common units representing limited partner interests | J | 316 | $13.44 | Disposed | 480547 | Direct |
| 2016-07-01 | Common units representing limited partner interests | J | 120 | $13.44 | Acquired | 480667 | Direct |
Footnotes
F1: Global GP LLC is delivering common units representing limited partner interests in Global Partners LP ("Common Units") under the Global Partners LP Long-Term Incentive Plan ("LTIP") to satisfy its obligations pursuant to grant agreements dated December 26, 2014.
F2: Closing market price on July 1, 2016.
F3: Global GP LLC disclaims any pecuniary interest in the Common Units and this report shall not be deemed an admission that the reporting person is the beneficial owner of the Common Units for purposes of Section 16.
F4: Global GP LLC withheld common units from a grant award recipient who elected a cashless exercise to satisfy his tax withholding obligations.