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GLOBAL PARTNERS LP — Director's Dealing 2021
Nov 23, 2021
31828_dirs_2021-11-23_596d0ab5-cdcc-40b6-809a-3426062d8953.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: 2021-11-19
Reporting Person: Global GP LLC (General Partner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-11-19 | Common units representing limited partner interests | J | 38060 | $26.81 | Disposed | 26046 | Direct |
| 2021-11-19 | Common units representing limited partner interests | J | 16879 | $26.81 | Acquired | 42925 | 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 of outstanding equity awards.
F2: The Issuer's closing market price on July 30, 2021 (the business date immediately prior to vesting); transfer delayed to accommodate probate matters.
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 the estate of the grant award recipient, which elected a cashless exercise to satisfy the tax obligation on the award.