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GLOBAL PARTNERS LP — Director's Dealing 2025
May 6, 2025
31828_dirs_2025-05-06_06e1962f-ca6f-48fc-84c5-d02afd5438a2.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: 2025-05-03
Reporting Person: Slifka Eric (Director, Vice Chairman, President & CEO, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-05-03 | Common units representing limited partner interests | M | 50471 | — | Acquired | 723226 | Direct |
| 2025-05-03 | Common units representing limited partner interests | F | 24402 | $51.32 | Disposed | 698824 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-05-03 | Phantom Units | $0 | M | 50471 | Disposed | Common units representing limited partner interests (50471) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| 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 May 3, 2023, the Reporting Person was granted 50,471 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units vested 100% on May 3, 2025.
F3: Each Common Unit was withheld at the request of the Reporting Person to satisfy the tax withholding obligations of the Reporting Person.