Jeremy Langhorn - 19 May 2022 Form 4 Insider Report for GLOBAL PARTNERS LP (GLP)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
05 Aug 2022, 10:49:53 UTC
Prior SEC filing
18 Jan 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Amy J. Gould, Attorney-in-Fact for Jeremy Langhorn

Key filing fact

Jeremy Langhorn filed Form 4 for GLOBAL PARTNERS LP (GLP) on 05 Aug 2022.

Key facts

  • This page summarizes Jeremy Langhorn's Form 4 filing for GLOBAL PARTNERS LP (GLP).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 05 Aug 2022, 10:49.

Change

  • Previous filing in this sequence was filed on 18 Jan 2022.
  • Current net transaction value: -$60,625.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

GLP transaction

Common units representing limited partner interests

Sale

Transaction value
$60,625
Shares
-2,191
Change %
-100%
Price
$27.67
Shares after
0
Date
19 May 2022
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

GLP transaction Derivative

Phantom Units

Award

Transaction value
$0
Shares
+7,890
Change %
Price
$0.000000
Shares after
7,890
Date
08 Jun 2022
Ownership
Direct
Underlying class
Common units representing limited partner interests
Underlying amount
7,890
Exercise price
$0.000000
Footnotes
F2, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

The price reported is the price per common unit representing limited partner interests in Global Partners LP ("Common Unit"). Common Units were sold at the price of $27.67 per Common Unit.

Footnote F2

Each Phantom Unit is the economic equivalent of one Common Unit.

Footnote F3

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"), or an equivalent amount of cash, on a one-for-one basis.

Footnote F4

Pursuant to a Grant Agreement dated June 8, 2022, the Reporting Person was granted 7,890 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units vest as follows: One-Third on January 1, 2023, One-Third on January 1, 2024 and One-Third on January 1, 2025.

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