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GLOBAL PARTNERS LP — Director's Dealing 2024
Feb 29, 2024
31828_dirs_2024-02-29_24e01856-7b04-40d8-bc59-56ea7acff97c.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: 2024-02-28
Reporting Person: Spencer Matthew (Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-28 | Common units representing limited partner interests | M | 3263 | — | Acquired | 23508 | Direct |
| 2024-02-28 | Common units representing limited partner interests | F | 957 | $45.85 | Disposed | 22551 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-28 | Phantom Units | $0 | M | 3263 | Disposed | Common units representing limited partner interests (3263) | 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 Common 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 February 23, 2023, the Reporting Person was granted 3,263 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units vested 100% on February 23, 2024.