Gregory B. Hanson - 03 May 2025 Form 4 Insider Report for GLOBAL PARTNERS LP (GLP)

Role
Chief Financial Officer
Signature
Erin Powers Brennan, Attorney-in-Fact for Gregory B. Hanson
Issuer symbol
GLP
Transactions as of
03 May 2025
Transactions value $
-$208,718
Form type
4
Filing time
06 May 2025, 16:32:31 UTC
Previous filing
25 Mar 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Hanson Gregory B. Chief Financial Officer C/O GLOBAL PARTNERS LP, 800 SOUTH STREET, SUITE 500, WALTHAM Erin Powers Brennan, Attorney-in-Fact for Gregory B. Hanson 06 May 2025 0001878766

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 +8.41K +15.64% $0.00 62.2K 03 May 2025 Direct F1, F2
transaction GLP Common units representing limited partner interests Tax liability -$209K -4.07K -6.54% $51.32 58.1K 03 May 2025 Direct F3

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 -8.41K -100% $0.00 0 03 May 2025 Common units representing limited partner interests 8.41K $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 May 3, 2023, the Reporting Person was granted 8,412 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units vested 100% on May 3, 2025.
F3 Each Common Unit was withheld at the request of the Reporting Person to satisfy the tax withholding obligations of the Reporting Person.

Remarks:

Exhibit Index: 24.1 Power of Attorney