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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.