Jaime Pereira - 17 May 2023 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
17 May 2023
Net transactions value
-$12,400
Form type
4
Filing time
24 Aug 2023, 16:47:40 UTC
Previous filing
06 Jan 2023
Next filing
09 Jan 2024
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 Sale $12,400 -400 -100% $31.00 0 17 May 2023 Beneficially owned units were sold by the Reporting Person's spouse. F1
holding GLP Common units representing limited partner interests 5,180 17 May 2023 Direct
holding GLP Common units representing limited partner interests 2,000 17 May 2023 By the Cynthia A. Pereira Revocable Trust dated April 30, 2014.

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 +3,729 $0.000000 3,729 22 Aug 2023 Common units representing limited partner interests 3,729 $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 Common units representing limited partner interests in the Issuer ("Common Units") were sold at the price of $31.00 per Common Unit.
F2 Each phantom unit ("Phantom Unit") represents the right to receive one Common Unit upon vesting.
F3 Pursuant to a Grant Agreement dated August 22, 2023, the Reporting Person was granted 3,729 Phantom Units. Upon satisfying the vesting conditions set forth in the Grant Agreement, 100% of the Phantom Units granted will vest on January 5, 2024.