Eric Slifka - Mar 24, 2025 Form 4 Insider Report for GLOBAL PARTNERS LP (GLP)

Role
Vice Chairman, President & CEO, Director, 10%+ Owner
Signature
Amy J. Gould, Attorney-in-Fact for Eric Slifka
Stock symbol
GLP
Transactions as of
Mar 24, 2025
Transactions value $
-$636,842
Form type
4
Date filed
3/25/2025, 06:54 PM
Previous 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 +24.8K +3.76% $0.00 685K Mar 24, 2025 Direct F1, F2
transaction GLP Common units representing limited partner interests Tax liability -$637K -12K -1.75% $53.11 673K Mar 24, 2025 Direct F3
holding GLP Common units representing limited partner interests 570K Mar 24, 2025 By family trusts
holding GLP Common units representing limited partner interests 565K Mar 24, 2025 By Larea Holdings LLC
holding GLP Common units representing limited partner interests 1.83M Mar 24, 2025 By Alfred A. Slifka 1990 Trust Under Article II-A

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 -24.8K -100% $0.00 0 Mar 24, 2025 Common units representing limited partner interests 24.8K $0.00 Direct F1, F2
* 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 24,802 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units vested 100% on March 24, 2025.
F3 Each Common Unit was withheld at the request of the Reporting Person to satisfy the tax withholding obligations of the Reporting Person.