Global GP LLC - 04 Jan 2022 Form 4 Insider Report for GLOBAL PARTNERS LP (GLP)

Role
General Partner
Signature
Amy J. Gould, Attorney-in-Fact for Global GP LLC
Issuer symbol
GLP
Transactions as of
04 Jan 2022
Net transactions value
-$13,712
Form type
4
Filing time
06 Jan 2022, 13:16:47 UTC
Previous filing
23 Nov 2021
Next filing
26 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLP Common Units Representing limited partner interest Other $19,369 -832 -1.9% $23.28 42,093 04 Jan 2022 Direct F1, F2, F3
transaction GLP Common Units Representing limited partner interest Other $5,657 +243 +0.58% $23.28 42,336 04 Jan 2022 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person is delivering common units representing limited partner interests in the Issuer ("Common Units") under the Global Partner LP Long-Term Incentive Plan ("LTIP") to satisfy its obligations pursuant to a grant agreement dated December 30, 2015.
F2 The Issuer's closing market price on December 30, 2021 (the date immediately prior to vesting).
F3 The Reporting Person disclaims any pecuniary interest in Common Units and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the Common Units for purposes of Section 16.
F4 The Reporting Person withheld Common Units from the grant award recipient who elected a cashless exercise to satisfy his tax withholding obligation.