Global GP LLC - Jan 1, 2024 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
Jan 1, 2024
Transactions value $
-$1,192,380
Form type
4
Date filed
1/3/2024, 04:40 PM
Previous filing
Dec 11, 2023
Next filing
Jan 9, 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 -$1.82M -43.1K -38.04% $42.31 70.1K Jan 1, 2024 Direct F1, F2, F3
transaction GLP Common units representing limited partner interests Other $630K +14.9K +21.22% $42.31 85K Jan 1, 2024 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person is delivering common units representing limited partner interests in the Issuer ("Common Units") under the Global Partners LP Long-Term Incentive Plan ("LTIP") to satisfy its obligations pursuant to grant agreements dated June 8, 2022.
F2 The Issuer's closing market price on December 29, 2023 (the last business date immediately prior to vesting).
F3 The Reporting Person disclaims any pecuniary interest in the Common Units and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the Common Units for purposes of Section 16.
F4 The Reporting Person withheld Common Units from the grant award recipients who elected a cashless exercise to satisfy their respective tax withholding obligations.