GLOBAL PARTNERS LP — Director's Dealing 2019

Jul 2, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLOBAL PARTNERS LP (GLP)
CIK: 0001323468
Period of Report: 2019-07-01

Reporting Person: Romaine Mark (COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-07-01	Common units representing limited partner interests	M	19004	—	Acquired	61480	Direct
2019-07-01	Common units representing limited partner interests	F	8378	$19.91	Disposed	53102	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-07-01	Phantom units	$0	M	19004	Disposed		Common units representing limited partner interests (19004)	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 57,012 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.