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GLOBAL PARTNERS LP — Director's Dealing 2025
May 6, 2025
31828_dirs_2025-05-06_2268cd5e-df09-430d-b135-daa180b1be48.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: Spencer Matthew (Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-05-03 | Common units representing limited partner interests | M | 5047 | — | Acquired | 45276 | Direct |
| 2025-05-03 | Common units representing limited partner interests | F | 2440 | $51.32 | Disposed | 42836 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-05-03 | Phantom Units | $0 | M | 5047 | Disposed | Common units representing limited partner interests (5047) | 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: Pursuant to a Grant Agreement dated May 3, 2023, the Reporting Person was granted 5,047 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.