GLOBAL PARTNERS LP — Director's Dealing 2023

Jan 6, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLOBAL PARTNERS LP (GLP)
CIK: 0001323468
Period of Report: 2022-10-14

Reporting Person: OWENS ROBERT W (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.