Global GP LLC - 01 Jan 2025 Form 4 Insider Report for GLOBAL PARTNERS LP (GLP)

Signature
Amy J. Gould, Attorney-in-Fact for Global GP LLC
Issuer symbol
GLP
Transactions as of
01 Jan 2025
Net transactions value
-$1,156,023
Form type
4
Filing time
03 Jan 2025, 16:28:43 UTC
Previous filing
26 Dec 2024
Next filing
07 Jan 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 $2,004,350 -43,058 -13% $46.55 284,249 01 Jan 2025 Direct F1, F2, F3
transaction GLP Common units representing limited partner interests Other $848,327 +18,224 +6.4% $46.55 302,473 01 Jan 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.