SEC Form 4 · accession 0001323468-16-000035
GLOBAL PARTNERS LP · GLP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Global GP LLC
Other
Period of report
Jul 1, 2016
Accepted (ET)
Jul 5, 2016 · 3:58 pm EDT
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 representing limited partner interestsF1,F2,F3 | Jul 1, 2016 | J | 750 | $13.44 | D | 480,863 | D | |
| Common units representing limited partner interestsF1,F2,F3 | Jul 1, 2016 | J | 316 | $13.44 | D | 480,547 | D | |
| Common units representing limited partner interestsF4,F2,F3 | Jul 1, 2016 | J | 120 | $13.44 | A | 480,667 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Global GP LLC is delivering common units representing limited partner interests in Global Partners LP ("Common Units") under the Global Partners LP Long-Term Incentive Plan ("LTIP") to satisfy its obligations pursuant to grant agreements dated December 26, 2014.
- F2Closing market price on July 1, 2016.
- F3Global GP LLC disclaims any pecuniary interest in the Common Units and this report shall not be deemed an admission that the reporting person is the beneficial owner of the Common Units for purposes of Section 16.
- F4Global GP LLC withheld common units from a grant award recipient who elected a cashless exercise to satisfy his tax withholding obligations.