GLOBAL PARTNERS LP — Director's Dealing 2023

Jan 7, 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: Geary Sean T. (Chief Legal Officer & Sec.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-04	Common units representing limited partner interests	M	3288	—	Acquired	16102.4894	Direct
2023-01-04	Common units representing limited partner interests	F	1136	$34.66	Disposed	14966.4894	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-01-04	Phantom Units	$0	M	3288	Disposed		Common units representing limited partner interests (3288)	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 Unit was withheld at the request of the Reporting Person to satisfy the tax withholding obligations of the Reporting Person.

F3: Each Phantom Unit is the economic equivalent of one Common Unit.

F4: Pursuant to a Grant Agreement dated June 8, 2022, the Reporting Person was granted 9,862 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units cumulatively vested or will vest as follows: one-third on January 1, 2023, one-third on January 1, 2024 and one-third on January 1, 2025.