GLOBAL PARTNERS LP — Director's Dealing 2023

Sep 1, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLOBAL PARTNERS LP (GLP)
CIK: 0001323468
Period of Report: 2023-02-28

Reporting Person: Slifka Eric (Director, Vice Chairman, President & CEO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-28	Common units representing limited partner interests	J	38940	—	Acquired	869514	Direct
2023-02-28	Common units representing limited partner interests	J	14190	—	Acquired	220408	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-03-03	Phantom Units	$0	A	64377	Acquired		Common Units representing limited partner interests (64377)	Direct
2023-05-03	Phantom Units	$0	A	50471	Acquired		Common Units representing limited partner interests (50471)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common units representing limited partner interests	564984	Indirect
Common units representing limited partner interests	1831957	Indirect

Footnotes

F1: On February 28, 2023, 38,940 common units representing limited partner interests in the Issuer ("Common Units") were transferred to the Reporting Person from The Gilda Slifka February 2021 Grantor Retained Annuity Trust.

F2: On February 28, 2023, an additional 14,190 Common Units were transferred to trusts for the benefit of Max Slifka (the" Max Slifka Trust"), Colby Slifka (the "Colby Slifka Trust"), and Claudia Slifka (the "Claudia Slifka Trust").The Reporting Person is the sole trustee of the Max Slifka Trust, the Colby Slifka Trust, and the Claudia Slifka Trust, which are trusts in which a member of the Reporting Person's immediate family is the beneficiary. The Reporting Person disclaims beneficial ownership to the extent it exceeds his pecuniary interest.

F3: Each phantom unit ("Phantom Unit") represents the right to receive one Common Unit upon vesting.

F4: Pursuant to a Grant Agreement dated March 3, 2023, the Reporting Person was granted 64,377 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units granted will vest as follows: One-Third on January 5, 2024, One-Third on January 5, 2025 and One-Third on January 5, 2026.

F5: Pursuant to a Grant Agreement dated May 3, 2023, the Reporting Person was granted 50,471 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, 100% of the Phantom Units granted will vest on May 3, 2025.