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GLOBAL PARTNERS LP — Director's Dealing 2019
Jul 2, 2019
31828_dirs_2019-07-02_c488b702-5d02-4522-9070-0aa9b7953e9d.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: 2019-07-01
Reporting Person: Global GP LLC (General Partner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-07-01 | Common units representing limited partner interests | J | 137737 | $19.91 | Disposed | 102830 | Direct |
| 2019-07-01 | Common units representing limited partner interests | J | 29627 | $19.91 | Acquired | 132457 | Direct |
Footnotes
F1: The Reporting Person is delivering common units representing limited partner interests in the Issuer ("Common Units") under the Global Partners LP Long-Term Incentive Plan ("LTIP") to satisfy its obligations pursuant to grant agreements dated June 27, 2013 and a grant agreement dated September 23, 2013.
F2: The Issuer's closing market price on June 28, 2019.
F3: The Reporting Person 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: The Reporting Person withheld Common Units from certain grant award recipients who elected a cashless exercise to satisfy their tax withholding obligations.