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GLOBAL PARTNERS LP — Director's Dealing 2019
Jul 10, 2019
31828_dirs_2019-07-10_5c85612f-53f0-44f0-9360-6890afae8453.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: 2019-07-01
Reporting Person: Foster Daphne H. (Director, Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-07-01 | Common units representing limited partner interests | M | 7295 | — | Acquired | 19776 | Direct |
| 2019-07-01 | Common units representing limited partner interests | F | 2362 | $19.91 | Disposed | 17414 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-07-01 | Phantom units | $0 | M | 7295 | Disposed | Common units representing limited partner interests (7295) | Direct |
Footnotes
F1: 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.
F2: Each Common Unit was withheld at the request of the Reporting Person to satisfy the tax withholding obligations of the Reporting Person.
F3: The Issuer's closing market price on June 28, 2019.
F4: Each Phantom Unit is the economic equivalent of one Common Unit.
F5: Pursuant to a Grant Agreement dated June 27, 2013, the Reporting Person was granted 21,889 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.
F6: This filing is an amendment to the Form 4 filed on July 2, 2019 ("Original Filing") and corrects the Amount of Securities Beneficially Owned Following Reported Transaction(s) previously reported in Table I, Line 2, Column 5 of the Original Filing. No other amendments are made to the Original Filing.