SEC Form 4/A · accession 0001323468-18-000030
GLOBAL PARTNERS LP · GLP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Edward J Faneuil
Officer — EVP and General Counsel
Period of report
Jul 1, 2018
Accepted (ET)
Jul 5, 2018 · 11:35 am 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 | holding | — | — | — | 81,706 | 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,F3,F1,F4 | — | holding | — | — | — | — | — | Common units representing limited partner interests | — | 25,452 | D |
Explanation of responses
- F1On July 2, 2018, a Form 4 was inadvertently filed for the Reporting Person showing the disposition of 849 Phantom Units (defined below) and the acquisition of 849 Common Units (defined below). That transaction did not occur and the originally-filed Form 4 should be considered withdrawn. As of July 5, 2018, the numbers of securities beneficially owned by the Reporting Person are as shown here.
- F2Each 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.
- F3Each Phantom Unit is the economic equivalent of one Common Unit.
- F4Pursuant to a Grant Agreement dated June 27, 2013, the Reporting Person was granted 76,356 Phantom Units. Upon satisfying the vesting conditions set forth in said Grant Agreement, the Phantom Units vest as follows: 33 1/3% on July 1, 2017, 66 2/3% on July 1, 2018 and 100% on July 1, 2019.
Remarks
Remarks: Mr. Edward J. Faneuil is the Executive Vice President and General Counsel of Global GP LLC, the general partner of Global Partners LP, the Issuer.