AI assistant
GLOBAL PARTNERS LP — Director's Dealing 2021
Mar 10, 2021
31828_dirs_2021-03-10_a1e260bf-71d3-4f0c-93de-1e543a965d78.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: GLOBAL PARTNERS LP (GLP)
CIK: 0001323468
Period of Report: 2021-03-09
Reporting Person: Global GP LLC (General Partner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-09 | Common units representing limited partner interests | J | 2516 | $20.17 | Disposed | 26026 | Direct |
| 2021-03-09 | Common units representing limited partner interests | J | 870 | $20.17 | Acquired | 26896 | 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 a grant agreement dated February 27, 2015.
F2: The Issuer's closing market price on February 26, 2021 (the last market date immediately prior to vesting).
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 grant award recipient who elected a cashless exercise to satisfy his tax withholding obligation.