SEC Form 4 · accession 0001323468-17-000024
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, 2017
Accepted (ET)
Jul 5, 2017 · 9:00 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, 2017 | J | 140,927 | $18.05 | D | 322,367 | D | |
| Common units representing limited partner interestsF4,F2,F3 | Jul 1, 2017 | J | 28,978 | $18.05 | A | 351,345 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Reporting Person is delivering common units representing limited partner interests in the Issuer ("Common Units") under the Global Partners LP Long-Term Incentive Plan ("LTIP") to satisfy its obligations pursuant to grant agreements dated June 27, 2013 and a grant agreement dated September 23, 2013.
- F2The Issuer's closing market price on June 30, 2017.
- F3The Reporting Person 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.
- F4The Reporting Person withheld Common Units from certain grant award recipients who elected a cashless exercise to satisfy their tax withholding obligations.