Eric Slifka - Feb 28, 2023 Form 4 Insider Report for GLOBAL PARTNERS LP (GLP)

Role: Vice Chairman, President & CEO, Director, 10%+ Owner
Signature: Amy J. Gould, Attorney-in-Fact for Eric Slifka
Stock symbol: GLP
Transactions as of: Feb 28, 2023
Transactions value $: $0
Form type: 4
Date filed: 8/31/2023, 07:05 PM
Previous filing: Feb 27, 2023
Next filing: Jan 3, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GLP	Common units representing limited partner interests	Other	$0	+38.9K	+4.69%	$0.00	870K	Feb 28, 2023	Direct	F1
transaction	GLP	Common units representing limited partner interests	Other	$0	+14.2K	+6.88%	$0.00	220K	Feb 28, 2023	By family trusts	F2
holding	GLP	Common units representing limited partner interests						565K	Feb 28, 2023	By Larea Holdings LLC
holding	GLP	Common units representing limited partner interests						1.83M	Feb 28, 2023	By Alfred A. Slifka 1990 Trust Under Article II-A

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	+64.4K	+106.37%	$0.00	125K	Mar 3, 2023	Common Units representing limited partner interests	64.4K	$0.00	Direct	F3, F4
transaction	GLP	Phantom Units	Award	$0	+50.5K	+40.41%	$0.00	175K	May 3, 2023	Common Units representing limited partner interests	50.5K	$0.00	Direct	F3, F5

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

Explanation of Responses:

Id	Content
F1	On February 28, 2023, 38,940 common units representing limited partner interests in the Issuer ("Common Units") were transferred to the Reporting Person from The Gilda Slifka February 2021 Grantor Retained Annuity Trust.
F2	On February 28, 2023, an additional 14,190 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.
F3	Each phantom unit ("Phantom Unit") represents the right to receive one Common Unit upon vesting.
F4	Pursuant to a Grant Agreement dated March 3, 2023, the Reporting Person was granted 64,377 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units granted will vest as follows: One-Third on January 5, 2024, One-Third on January 5, 2025 and One-Third on January 5, 2026.
F5	Pursuant to a Grant Agreement dated May 3, 2023, the Reporting Person was granted 50,471 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, 100% of the Phantom Units granted will vest on May 3, 2025.