AI assistant
GLOBAL PARTNERS LP — Director's Dealing 2024
Mar 28, 2024
31828_dirs_2024-03-27_eb8c851c-8c81-4a00-8b93-00f3eef6ffa2.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: GLOBAL PARTNERS LP (GLP)
CIK: 0001323468
Period of Report: 2024-03-25
Reporting Person: Slifka Eric (Director, Vice Chairman, President & CEO, 10% Owner)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-25 | Phantom Units | $0 | A | 57870 | Acquired | Common units representing limited partner interests (57870) | Direct | |
| 2024-03-25 | Phantom Units | $0 | A | 24802 | Acquired | Common units representing limited partner interests (24802) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common units representing limited partner interests | 555587 | Direct |
| Common units representing limited partner interests | 570408 | Indirect |
| Common units representing limited partner interests | 564984 | Indirect |
| Common units representing limited partner interests | 1831957 | Indirect |
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: Pursuant to a Grant Agreement dated March 25, 2024, the Reporting Person was granted 57,870 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 6, 2025, One-Third on January 5, 2026 and One-Third on January 5, 2027.
F3: Pursuant to a Grant Agreement dated March 25, 2024, the Reporting Person was granted 24,802 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, 100% of the Phantom Units granted will vest on March 24, 2025.