GLOBAL PARTNERS LP — Director's Dealing 2021

Oct 6, 2021

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: GLOBAL PARTNERS LP (GLP)
CIK: 0001323468
Period of Report: 2021-09-01

Reporting Person: Hanson Gregory B. (Chief Financial Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common units representing limited partner interests	9635	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Units	$0		Common units representing limited partner interests (2388)		Direct

Footnotes

F1: Each phantom unit representing the right to receive one common unit upon vesting ("Phantom Unit") is the economic equivalent of one common unit representing a limited partner interest in the Issuer ("Common Unit")
upon vesting.

F2: Pursuant to a Grant Agreement dated August 16, 2017, the Reporting Person was granted 5,971 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units vest as follows: 25% on August 1, 2020, 35% on August 1, 2021 (such that a total of 60% of the Phantom Units will have vested as of such date) and 40% on August 1, 2022 (such that a total of 100% of the Phantom Units will have vested as of
such date).

F3: Each Phantom Unit converts into a Common Unit on a one-for-one basis.