Global GP LLC - 23 Nov 2022 Form 4 Insider Report for GLOBAL PARTNERS LP (GLP)

Signature
Amy J. Gould, Attorney-in-Fact for Global GP LLC
Issuer symbol
GLP
Transactions as of
23 Nov 2022
Net transactions value
+$130,473
Form type
4
Filing time
25 Nov 2022, 11:17:38 UTC
Previous filing
23 Nov 2022
Next filing
06 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLP Common units representing limited partner interests Purchase $63,000 +2,000 +3.7% $31.50 55,944 23 Nov 2022 Direct F1, F2
transaction GLP Common units representing limited partner interests Purchase $67,473 +2,100 +3.8% $32.13 58,044 25 Nov 2022 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Global GP LLC is purchasing common units for the purpose of meeting its anticipated obligations to deliver common units under the Global Partners LP Long-Term Incentive Plan ("LTIP") to directors and officers. The reporting person disclaims any pecuniary interest in these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for the purpose of Section 16.
F2 The price reported in Column 4 is the price per common unit representing limited partner interests in Global Partners LP ("Common Unit"). Common Units were purchased at the price of $31.50 per Common Unit. The Reporting Person will provide, upon request by the Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of Common Units purchased.
F3 The price reported is Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from $32.10 to $32.14, inclusive. The reporting person undertakes to provide to Global Partners LP, any security holder of Global Partners LP, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common units purchased at each separate price within the ranges set forth in this footnote (3) to this Form 4.