Global GP LLC - 24 Mar 2025 Form 4/A - Amendment Insider Report for GLOBAL PARTNERS LP (GLP)

Role
General Partner
Signature
Erin Powers Brennan, Attorney-in-Fact for Global GP LLC
Issuer symbol
GLP
Transactions as of
24 Mar 2025
Net transactions value
+$1,337,735
Form type
4/A - Amendment
Filing time
04 Apr 2025, 16:34:38 UTC
Date Of Original Report
25 Mar 2025
Previous filing
28 Feb 2025
Next filing
27 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 Other $1,337,735 +25,188 +38% $53.11 90,926 24 Mar 2025 Direct F1, F2, F3, F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person delivered 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 March 25, 2024.
F2 The Reporting Person is amending its Form 4 filed on March 25, 2025 to correct the number of units reported as acquired following net withholding transactions to satisfy tax withholding obligations on March 24, 2025 in column 4 of Table I and to provide the updated number of Common Units beneficially owned as of the date of this Form 4.
F3 The Reporting Person withheld Common Units from certain grant award recipients who elected a cashless exercise to satisfy their respective tax withholding obligations. As a result, the Reporting Person held 80,926 Common Units after acquiring 25,188 Common Units that were withheld by the Reporting Person for tax purposes prior to such delivery.
F4 The Issuer's closing market price on March 21, 2025 (the last business date immediately prior to vesting) of the awards for which the net withholding transactions occurred.
F5 The number of Common Units reflected in this column 5 of Table I as beneficially owned is accurate as of the date of this Form 4 (and is inclusive of the Common Units purchased by the Reporting Person on March 25, 2025 and reported on a Form 4 filed on March 27, 2025)
F6 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.

Remarks:

Exhibit Index: 24.1 Power of Attorney