Eric Slifka - 03 May 2025 Form 4 Insider Report for GLOBAL PARTNERS LP (GLP)

Role
Vice Chairman, President & CEO, Director, 10%+ Owner
Signature
Erin Powers Brennan, Attorney-in-Fact for Eric Slifka
Issuer symbol
GLP
Transactions as of
03 May 2025
Net transactions value
-$1,252,311
Form type
4
Filing time
06 May 2025, 16:34:47 UTC
Previous filing
25 Mar 2025
Next filing
07 Jan 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Slifka Eric Vice Chairman, President & CEO, Director, 10%+ Owner C/O GLOBAL PARTNERS LP, 800 SOUTH STREET, SUITE 500, WALTHAM Erin Powers Brennan, Attorney-in-Fact for Eric Slifka 06 May 2025 0001336787

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 +50,471 +7.5% $0.000000 723,226 03 May 2025 Direct F1, F2
transaction GLP Common units representing limited partner interests Tax liability $1,252,311 -24,402 -3.4% $51.32 698,824 03 May 2025 Direct F3
holding GLP Common units representing limited partner interests 570,408 03 May 2025 By family trusts
holding GLP Common units representing limited partner interests 564,984 03 May 2025 By Larea Holdings LLC
holding GLP Common units representing limited partner interests 1,831,957 03 May 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 -50,471 -100% $0.000000 0 03 May 2025 Common units representing limited partner interests 50,471 $0.000000 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 50,471 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