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GLOBAL PARTNERS LP — Director's Dealing 2025
Mar 25, 2025
31828_dirs_2025-03-25_87d47e9f-31dc-43d2-84fd-9a599b404a09.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: 2025-03-24
Reporting Person: Spencer Matthew (Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-03-24 | Common units representing limited partner interests | M | 4034 | — | Acquired | 42179 | Direct |
| 2025-03-24 | Common units representing limited partner interests | F | 1950 | $53.11 | Disposed | 40229 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-03-24 | Phantom Units | $0 | M | 4034 | Disposed | Common units representing limited partner interests (4034) | 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 March 25, 2024, the Reporting Person was granted 4,034 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units vested 100% on March 24, 2025
F3: Each Common Unit was withheld at the request of the Reporting Person to satisfy the tax withholding obligations of the Reporting Person.