Global GP LLC - Nov 20, 2023 Form 4 Insider Report for GLOBAL PARTNERS LP (GLP)

Role
General Partner
Signature
Amy J. Gould, Attorney-in-Fact for Global GP LLC
Stock symbol
GLP
Transactions as of
Nov 20, 2023
Transactions value $
$683,700
Form type
4
Date filed
11/21/2023, 06:02 PM
Previous filing
Nov 16, 2023
Next filing
Nov 28, 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 $341K +10K +15.34% $34.11 75.2K Nov 20, 2023 Direct F1, F2
transaction GLP Common units representing limited partner interests Purchase $343K +10K +13.3% $34.26 85.2K Nov 21, 2023 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 to directors and officers under the Global Partners LP Long-Term Incentive Plan ("LTIP"). 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 is Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from $33.85 to $34.29, 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 (2) to this Form 4.
F3 The price reported is Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from $33.71 to $34.66, 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.