Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GLP | Common units representing limited partner interests | Options Exercise | $0 | +65.5K | +8.42% | $0.00 | 844K | Aug 2, 2022 | Direct | F1 |
transaction | GLP | Common units representing limited partner interests | Tax liability | -$807K | -29.1K | -3.44% | $27.78 | 814K | Aug 2, 2022 | Direct | F2, F3 |
transaction | GLP | Common units representing limited partner interests | Other | $0 | +67.1K | +48.26% | $0.00 | 206K | Mar 21, 2022 | By family trusts | F4 |
holding | GLP | Common Units representing limited partner interests | 565K | Mar 21, 2022 | By Larea Holdings LLC | ||||||
holding | GLP | Common Units representing limited partner interests | 1.83M | Mar 21, 2022 | By Alfred A. Slifka 1990 Trust Under Article II-A | F5 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GLP | Phantom Units | Award | $0 | +69K | +105.38% | $0.00 | 135K | Jun 8, 2022 | Common units representing limited partner interests | 69K | $0.00 | Direct | F1, F6, F7 |
transaction | GLP | Phantom Units | Options Exercise | $0 | +65.5K | +1860.08% | $0.00 | 69K | Aug 2, 2022 | Common Units representing limited partner interests | 65.5K | $0.00 | Direct | F1, F6, F8 |
Id | Content |
---|---|
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"), or an equivalent amount of cash, 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 | The Issuer's closing market price on July 29, 2022 (the last business date immediately prior to vesting). |
F4 | On March 21, 2022, an additional 67,123 common units representing limited partner interests in the Issuer ("Common Units") were transferred to trusts for the benefit of Max Slifka (the "Max Slifka Trust"), Colby Slifka (the "Colby Slifka Trust"), and Claudia Slifka (the "Claudia Slifka Trust").The Reporting Person is the sole trustee of the Max Slifka Trust, the Colby Slifka Trust, and the Claudia Slifka Trust, which are trusts in which a member of the Reporting Person's immediate family is the beneficiary. The Reporting Person disclaims beneficial ownership to the extent it exceeds his pecuniary interest. |
F5 | The Reporting Person disclaims beneficial ownership to the extent it exceeds his pecuniary interest. |
F6 | Each Phantom Unit is the economic equivalent of one Common Unit. |
F7 | Pursuant to a Grant Agreement dated August 16, 2017, the Reporting Person was granted 163,780 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units cumulatively vest as follows: 25% on August 1, 2020, 60% on August 20, 2021 and 100% on August 1, 2022. |
F8 | Pursuant to a Grant Agreement dated June 8, 2022, the Reporting Person was granted 69,034 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units vested as follows: One-Third on January 1, 2023, One-Third on January 1, 2024 and One-Third on January 1, 2025. |