Global GP LLC - Jan 1, 2025 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, 2025
Transactions value $
-$1,156,023
Form type
4
Date filed
1/3/2025, 04:28 PM
Previous filing
Dec 26, 2024
Next filing
Jan 7, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLP Common units representing limited partner interests Other -$2M -43.1K -13.16% $46.55 284K Jan 1, 2025 Direct F1, F2, F3
transaction GLP Common units representing limited partner interests Other $848K +18.2K +6.41% $46.55 302K Jan 1, 2025 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 31, 2024 (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.