Robert W. Owens - Jan 6, 2025 Form 4 Insider Report for GLOBAL PARTNERS LP (GLP)

Role
Director
Signature
Amy J. Gould, Attorney-in-Fact for Robert W. Owens
Stock symbol
GLP
Transactions as of
Jan 6, 2025
Transactions value $
$0
Form type
4
Date filed
1/7/2025, 04:33 PM
Previous filing
Mar 27, 2024
Next filing
Mar 14, 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 +2.76K +32.77% $0.00 11.2K Jan 6, 2025 Direct F1, F2

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 -2.76K -100% $0.00 0 Jan 6, 2025 Common units representing limited partner interests 2.76K $0.00 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 is the economic equivalent of one Common Unit.