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GLOBAL PARTNERS LP — Director's Dealing 2024
Jan 3, 2024
31828_dirs_2024-01-03_f78693d8-027a-40e3-89b3-44dae8ac4f44.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: 2024-01-01
Reporting Person: Romaine Mark (Chief Operating Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-01-01 | Common units representing limited partner interests | M | 9205 | — | Acquired | 106284 | Direct |
| 2024-01-01 | Common units representing limited partner interests | F | 3190 | $42.31 | Disposed | 103094 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-01-01 | Phantom Units | $0 | M | 9205 | Disposed | Common units representing limited partner interests (9205) | 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 June 8, 2022, the Reporting Person was granted 27,613 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.