Jaime Pereira - Jan 5, 2024 Form 4 Insider Report for GLOBAL PARTNERS LP (GLP)

Role
Director
Signature
Amy J. Gould, Attorney-in-Fact for Jaime Pereira
Stock symbol
GLP
Transactions as of
Jan 5, 2024
Transactions value $
$156,618
Form type
4
Date filed
1/9/2024, 04:36 PM
Previous filing
Aug 24, 2023
Next filing
Mar 27, 2024

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 $157K +3.73K +71.99% $42.00 8.91K Jan 5, 2024 Direct F1, F3
holding GLP Common units representing limited partner interests 2K Jan 5, 2024 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 Options Exercise $0 -3.73K -100% $0.00* 0 Jan 5, 2024 Common units representing limited partner interests 3.73K $0.00 Direct F1, 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 ("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 said Grant Agreement, the Phantom Units vested 100% on January 5, 2024.