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: Slifka Eric (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-07-01	Common units representing limited partner interests	M	42419	—	Acquired	705161	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-07-01	Phantom units	$0	M	42419	Disposed		Common units representing limited partner interests (42419)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common units representing limited partner interests	660429	Indirect

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 Phantom Unit is the economic equivalent of one Common Unit.

F3: Pursuant to a Grant Agreement dated June 27, 2013, the Reporting Person was granted 127,259 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.