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: 2023-01-04

Reporting Person: Global GP LLC (General Partner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-04	Common units representing limited partner interests	J	61787	$34.66	Disposed	0	Direct
2023-01-04	Common units representing limited partner interests	J	13534	$34.66	Acquired	9791	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 grant agreements dated June 8, 2022 and October 14, 2022.

F2: 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.

F3: The Reporting Person withheld Common Units from certain grant award recipients who elected a cashless exercise to satisfy their respective tax withholding obligations. As a result, the Reporting Person held 9,791 Common Units after giving effect to the delivery of 61,787 Common Units to satisfy its obligations under the grant agreements less 13,534 Common Units that were withheld by the Reporting Person for tax purposes prior to such delivery.