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GLOBAL PARTNERS LP — Director's Dealing 2020
Aug 10, 2020
31828_dirs_2020-08-10_c9d61454-ef4b-41fb-95a7-d99cc02f5982.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: 2020-08-06
Reporting Person: McCool Robert J (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-08-06 | Common units representing limited partner interests | M | 5374 | $10.7 | Acquired | 39609 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-08-01 | Phantom Units | $0 | M | 5374 | Disposed | Common units representing limited partner interests (5374) | 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: The Issuer's closing market price on July 31, 2020.
F3: Each Phantom Unit is the economic equivalent of one Common Unit.
F4: Pursuant to a Grant Agreement dated August 16, 2017, the Reporting Person was granted 5,374 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units vested 100% on August 1, 2020.