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GLOBAL PARTNERS LP — Director's Dealing 2018
Jul 5, 2018
31828_dirs_2018-07-05_07e2803e-4c23-4d4f-ac00-25d6c7c20ae6.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: GLOBAL PARTNERS LP (GLP)
CIK: 0001323468
Period of Report: 2018-07-01
Reporting Person: Faneuil Edward J (EVP and General Counsel)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common units representing limited partner interests | 81706 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom Units | $ | Common units representing limited partner interests () | 25452 | Direct |
Footnotes
F1: On July 2, 2018, a Form 4 was inadvertently filed for the Reporting Person showing the disposition of 849 Phantom Units (defined below) and the acquisition of 849 Common Units (defined below). That transaction did not occur and the originally-filed Form 4 should be considered withdrawn. As of July 5, 2018, the numbers of securities beneficially owned by the Reporting Person are as shown here.
F2: Each phantom unit representing the right to receive one Common Unit upon vesting ("Phantom Unit") converts into a common unit representing a limited partner interest in the Issuer ("Common Unit") on a one-for-one basis.
F3: Each Phantom Unit is the economic equivalent of one Common Unit.
F4: Pursuant to a Grant Agreement dated June 27, 2013, the Reporting Person was granted 76,356 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units vest as follows: 33 1/3% on July 1, 2017, 66 2/3% on July 1, 2018 and 100% on July 1, 2019.