Jaime Pereira - 06 Jan 2025 Form 4 Insider Report for GLOBAL PARTNERS LP (GLP)

Role
Director
Signature
Amy J. Gould, Attorney-in-Fact for Jaime Pereira
Issuer symbol
GLP
Transactions as of
06 Jan 2025
Net transactions value
$0
Form type
4
Filing time
07 Jan 2025, 16:32:43 UTC
Previous filing
27 Mar 2024
Next filing
14 Mar 2025
SEC
View on sec.gov

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 $0 +2,756 +31% $0.000000 11,665 06 Jan 2025 Direct F1, F2
holding GLP Common units representing limited partner interests 2,000 06 Jan 2025 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 -2,756 -100% $0.000000 0 06 Jan 2025 Common units representing limited partner interests 2,756 $0.000000 Direct 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 Pursuant to a Grant Agreement dated March 25, 2024, the Reporting Person was granted 2,756 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units vested 100% on January 6, 2025.
F3 Each phantom unit ("Phantom Unit") represents the right to receive one Common Unit upon vesting.