Jaime Pereira - 14 Oct 2022 Form 4 Insider Report for GLOBAL PARTNERS LP (GLP)

Role: Director
Signature: Amy J. Gould, Attorney-in-Fact for Jaime Pereira
Issuer symbol: GLP
Transactions as of: 14 Oct 2022
Net transactions value: +$162,209
Form type: 4
Filing time: 06 Jan 2023, 16:26:07 UTC
Previous filing: 11 Oct 2022
Next filing: 24 Aug 2023
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 interests	Options Exercise	$162,209	+4,680	+936%	$34.66	5,180	04 Jan 2023	Direct	F1, F3
holding	GLP	Common units representing limited partner interests						2,000	14 Oct 2022	By the Cynthia A. Pereira Revocable Trust dated April 30,2014
holding	GLP	Common units representing limited partner interests						400	14 Oct 2022	Beneficially owned units are held by the Reporting Person's spouse.

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	+4,680		$0.000000	4,680	14 Oct 2022	Common units representing limited partner interests	4,680	$0.000000	Direct	F2, F3
transaction	GLP	Phantom Units	Options Exercise	$0	-4,680	-100%	$0.000000^*	0	04 Jan 2023	Common Units representing limited partner interests	4,680	$0.000000	Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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") on a one-for-one basis.
F2	Each Phantom Unit is the economic equivalent of one Common Unit.
F3	Pursuant to a Grant Agreement dated October 14, 2022, the Reporting Person was granted 4,680 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units vested 100% on January 1, 2023.