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GLOBAL PARTNERS LP — Director's Dealing 2023
Jan 6, 2023
31828_dirs_2023-01-06_497ca23c-995c-474a-a975-5a55df3da556.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: 2022-10-14
Reporting Person: HAILER JOHN T (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-01-04 | Common units representing limited partner interests | M | 4680 | $34.66 | Acquired | 4680 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-10-14 | Phantom Units | $0 | A | 4680 | Acquired | Common units representing limited partner interests (4680) | Direct | |
| 2023-01-04 | Phantom Units | $0 | M | 4680 | Disposed | Common Units representing limited partner interests (4680) | Direct |
Footnotes
F1: Each phantom unit representing the right to receive one Common Unit upon vesting ("Phantom Unit") converts into a common unit representing a limited partner interest in the Issuer ("Common Unit") on a one-for-one basis.
F2: Each Phantom Unit is the economic equivalent of one Common Unit.
F3: Pursuant to a Grant Agreement dated October 14, 2022, the Reporting Person was granted 4,680 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units vested 100% on January 1, 2023.
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