SEC Form 4 · accession 0001323468-15-000002
GLOBAL PARTNERS LP · GLP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth I Watchmaker
Director
Period of report
Jan 15, 2015
Accepted (ET)
Jan 20, 2015 · 9:43 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001323468
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Units | Jan 15, 2015 | A | 1,504 | $0.00 | A | 8,881 | D | |
| Common UnitsF1 | Jan 15, 2015 | M | 2,715 | — | A | 11,596 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom UnitsF2,F1 | $0.00 | Jan 15, 2015 | M | 2,715 | D | Jan 15, 2015 | Jan 15, 2015 | Common Units | 2,715 | 5,430 | D |
Explanation of responses
- F1Phantom Units convert into Common Units on a one-for-one basis.
- F2Each phantom unit was the economic equivalent of one common unit of Global Partners LP.
Remarks
REMARKS: Mr. Kenneth I. Watchmaker is a Director of Global GP LLC, the general partner of Global Partners LP, the Issuer.