Jeremy Langhorn - May 19, 2022 Form 4 Insider Report for GLOBAL PARTNERS LP (GLP)

Role
Chief Human Resources Officer
Signature
Amy J. Gould, Attorney-in-Fact for Jeremy Langhorn
Stock symbol
GLP
Transactions as of
May 19, 2022
Transactions value $
-$60,625
Form type
4
Date filed
8/5/2022, 10:49 AM
Previous filing
Jan 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLP Common units representing limited partner interests Sale -$60.6K -2.19K -100% $27.67 0 May 19, 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GLP Phantom Units Award $0 +7.89K $0.00 7.89K Jun 8, 2022 Common units representing limited partner interests 7.89K $0.00 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 price reported is the price per common unit representing limited partner interests in Global Partners LP ("Common Unit"). Common Units were sold at the price of $27.67 per Common Unit.
F2 Each Phantom Unit is the economic equivalent of one Common Unit.
F3 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.
F4 Pursuant to a Grant Agreement dated June 8, 2022, the Reporting Person was granted 7,890 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units vest as follows: One-Third on January 1, 2023, One-Third on January 1, 2024 and One-Third on January 1, 2025.